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Facebook Stock Moves: Donation, Sales, Revision

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The Securities and Exchange Commission was on the receiving end of a flurry of Facebook filings Friday, as Chief Technology Officer Mike Schroepfer donated shares to a charitable entity; Vice President of Business and Marketing Partnerships David Fischer and Chief Financial Officer David Ebersman sold off more shares; and Chief Accounting Officer Jas Athwal amended an earlier Form 4 filing.

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Six Top Facebook Execs Exercise RSUs, Sell Off Shares

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Facebook Vice President of Business and Marketing Partnerships David Fischer, Chief Financial Officer David Ebersman, Chief Operating Officer Sheryl Sandberg, Chief Accounting Officer Jas Athwal, VP and General Counsel Colin Stretch, and Chief Technology Officer Mike Schroepfer all exercised restricted stock units and sold off shares in the company, as reported in Form 4 filings with the Securities and Exchange Commission Wednesday.

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Facebook Co-Founder Dustin Moskovitz Controls 4.71% Of Outstanding Shares

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Just one day after Facebook Co-Founder and CEO Mark Zuckerberg filed his Schedule 13G with the Securities and Exchange Commission, revealing that he holds 478,914,465 shares in the company, or 19.6 percent of all outstanding shares, Co-Founder Dustin Moskovitz did the same, revealing that he controls sole voting power over 42,323,109 shares in the company and shared voting power of 53,079,662, giving him control over 4.71 percent of all outstanding shares.

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