Jan Koum Transfers Facebook Shares Between Trusts

WhatsApp co-founder and CEO and Facebook director Jan Koum reported in a Form 4 filing Tuesday with the Securities and Exchange Commission that he transferred shares of Facebook class-A common stock between trusts he administers.

JanKoum650WhatsApp co-founder and CEO and Facebook director Jan Koum reported in a Form 4 filing Tuesday with the Securities and Exchange Commission that he transferred shares of Facebook class-A common stock between trusts he administers.

Koum moved 3,676,384 class-A shares from Jan Koum Trust I to Butterfly Trust.

Jan Koum Trust I now holds 141,489 shares, while Butterfly Trust holds 61,080,227.