Facebook Executives, Directors Exercise Restricted Stock Units, Sell Off Shares

Facebook Chief Operating Officer Sheryl Sandberg, Chief Product Officer Chris Cox, Chief Technology Officer Mike Schroepfer, Vice President and General Counsel Colin Stretch, Chief Accounting Officer Jas Athwal, and Directors Reed Hastings and Erskine Bowles exercised restricted stock units and sold off shares to cover their tax withholding obligations, they reported in Form 4 filings with the Securities and Exchange Commission Wednesday.

WallStreetNYSE650Facebook Chief Operating Officer Sheryl Sandberg, Chief Product Officer Chris Cox, Chief Technology Officer Mike Schroepfer, Vice President and General Counsel Colin Stretch, Chief Accounting Officer Jas Athwal, and Directors Reed Hastings and Erskine Bowles exercised restricted stock units and sold off shares to cover their tax withholding obligations, they reported in Form 4 filings with the Securities and Exchange Commission Wednesday.

Sandberg exercised 74,940 RSUs that were set to expire March 24, 2021. She then sold 39,185 shares of Facebook class-A common stock at $66.8144

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