Facebook Executives, Directors Exercise Restricted Stock Units; Execs Sell Shares
Facebook chief operating officer Sheryl Sandberg, chief product officer Chris Cox, chief technology officer Mike Schroepfer, vice president and general counsel Colin Stretch, chief accounting officer Jas Athwal and directors Reed Hastings and Erskine Bowles reported in Form 4 filings Thursday with the Securities and Exchange Commission that they exercised restricted stock units and, in the cases of the executives, sold off shares in the company.
Facebook chief operating officer Sheryl Sandberg, chief product officer Chris Cox, chief technology officer Mike Schroepfer, vice president and general counsel Colin Stretch, chief accounting officer Jas Athwal and directors Reed Hastings and Erskine Bowles reported in Form 4 filings Thursday with the Securities and Exchange Commission that they exercised restricted stock units and, in the cases of the executives, sold off shares in the company.
Sandberg exercised 74,940 RSUs that were set to expire March 24, 2021. She then sold 122,255 shares of class-A common stock in Facebook at $72.9008
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