Mike Schroepfer, Chris Cox Continue to Exercise RSUs, Sell Facebook Shares

Facebook chief technology officer Mike Schroepfer and chief product officer Chris Cox once again exercised restricted stock units and sold off shares in the company, the two executives reported in Form 4 filings Tuesday with the Securities and Exchange Commission.

WallStreetBull650Facebook chief technology officer Mike Schroepfer and chief product officer Chris Cox once again exercised restricted stock units and sold off shares in the company, the two executives reported in Form 4 filings Tuesday with the Securities and Exchange Commission.

Schroepfer exercised 35,000 RSUs that were set to expire Jan. 11, 2019. He then sold 35,000 shares of Facebook class-A common stock at $75.50 per share, leaving him with a total of 261,454 shares in the company.

And Cox exercised 11,371 RSUs that were set to expire Aug. 25, 2019. He then sold 3,334 class-A shares at $74.247 apiece and another 2,600 at $75.0069 each. Cox now holds 580,288 Facebook shares.

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