Facebook Chief Operating Officer Sheryl Sandberg and Chief Marketing Officer David Fischer continued to unload Facebook shares as the social network’s stock price remained in the low $40s.
In a Form 4 filing with the Securities and Exchange Commission Thursday, Sandberg declared the sale of 169,756 shares of Facebook class-A common stock at $43.6913 each, and she now holds 12,293,263.
The Sheryl K. Sandberg 2008 Annuity Trust also disposed of 6,696 shares at $43.6946 apiece, and it now holds 1,684,630.
Meanwhile, Fischer sold two blocks of 12,000 shares apiece, at $44.25 and $43.38, respectively, and he now holds 541,082 Facebook class-A common shares.
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