Mike Schroepfer, Chris Cox Unload Facebook Shares

  • SHARES

By David Cohen 

WallStreetNYSE650Facebook Chief Technology Officer Mike Schroepfer and Chief Product Officer Chris Cox detailed their sales of shares in the company in Form 4 filings Tuesday with the Securities and Exchange Commission.

Schroepfer converted 20,000 class-B Facebook shares to class-A common stock, and then sold 20,000 class-A shares at $72.42 apiece. He now holds 228,997 shares of Facebook class-A common stock.

And Cox exercised 11,371 restricted stock units that were set to expire Aug. 25, 2019. He then sold 4,050 class-A shares at $72.1685 per share, 1,884 at $72.7737 apiece and 5,437 at $72.42 each, leaving him with 574,851 shares in the company.

Images courtesy of Shutterstock.

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