Mike Schroepfer Exercises RSUs, Sells Facebook Shares

Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing Thursday with the Securities and Exchange Commission that he exercised 40,000 restricted stock units and immediately sold the resulting 40,000 Facebook class-A shares of common stock.

WallStreetBull650Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing Thursday with the Securities and Exchange Commission that he exercised 40,000 restricted stock units and immediately sold the resulting 40,000 Facebook class-A shares of common stock.

Schroepfer exercised the RSUs, which were set to expire Jan. 11, 2019, and sold the 40,000 shares at $75.33 per share. He now holds 321,559 shares in the company.

Vice president and general counsel Colin Stretch also filed a Form 4 with the SEC Thursday, reporting that he sold 1,000 shares of Facebook class-A common stock at $75.33 apiece.

Stretch now holds 61,482 Facebook shares.

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