Mike Schroepfer Exercises RSUs, Sells Facebook Shares

Facebook chief technology officer Mike Schroepfer revealed in a Form 4 filing Wednesday with the Securities and Exchange Commission that he exercised 35,000 restricted stock units that were set to expire Jan. 11, 2019, and immediately sold those 35,000 shares of class-A common stock.

WallStreetBull650Facebook chief technology officer Mike Schroepfer revealed in a Form 4 filing Wednesday with the Securities and Exchange Commission that he exercised 35,000 restricted stock units that were set to expire Jan. 11, 2019, and immediately sold those 35,000 shares of class-A common stock.

Schroepfer sold the shares at $77.07 apiece, and he now holds 230,401 shares of class-A common stock in Facebook.

Facebook chief product officer Chris Cox also revealed in a Form 4 filing that he sold 5,437 class-A shares in the company at $77.17 each, leaving him with 574,851.

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