Twitter CEO Sells $5 Million of Twitter Stock

Twitter chief executive officer Dick Costolo has sold 140,352 shares of Twitter stock, netting over $5 million.

According to a filing with the Securities and Exchange Commission (SEC), Costolo made the sales in the last few days.

This follows a complete liquidation of all their Twitter stock by Costolo’s family trust in December.

Twitter insiders, including co-founder Evan Williams, VP of product Kevin Weil and president of revenue Adam Bain, have also sold Twitter stock in the last month.

The