David Ebersman, Mike Schroepfer Sell Facebook Shares

Outgoing Facebook Chief Financial Officer David Ebersman and Chief Technology Officer Mike Schroepfer announced in Form 4 filings with the Securities and Exchange Commission Friday that they sold off shares in the company.

WallStreetStreetsign650Outgoing Facebook Chief Financial Officer David Ebersman and Chief Technology Officer Mike Schroepfer announced in Form 4 filings with the Securities and Exchange Commission Friday that they sold off shares in the company.

Ebersman unloaded 11,700 shares of Facebook class-A common stock at $63.38 per share, and another 11,700 at $63.86 apiece, leaving him with a total of 328,030 shares in the company.

And Schroepfer exercised 20,000 restricted stock units that were set to expire Jan. 11, 2019. He then sold 20,000 class-A shares at $63.38, leaving him with a total of 182,485 shares of Facebook class-A common stock.

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