Facebook stock roundup: COO Sheryl Sandberg sells shares

Facebook’s stock value is rocketing in light of the company’s glowing second quarter earnings report. Some prominent Facebook employees cashed in, but unfortunately, most shares were sold before the boom.

Chief Operating Officer Sheryl Sandberg, General Counsel Colin Stretch and Chief Accounting Officer Jas Athwal all sold shares of Facebook this week, with Stretch being the one executive to sell shares after the value rose over $30 following Facebook’s second quarter report.

• Sandberg sold 169,756 shares, gaining $4,435,927.