Facebook CFO David Ebersman offloads stock

  • SHARES

By Justin Lafferty Comments

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According to documents filed with the U.S. Securities and Exchange Commission, Facebook’s Chief Financial Officer, David Ebersman, has decided to sell 23,400 shares of Facebook stock.

Ebersman sold 11,700 shares at $58.80 each and 11,700 more at $56.37 each, netting him a total of $1,347,489 in the transactions. He currently owns 309,745 shares of Facebook stock.

As of the close of market Thursday, Facebook’s share value dropped slightly to $56.63.

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