Facebook CAO Jas Athwal Unloads Some Shares

With Facebook’s stock price briefly topping its initial public offering tag of $38 per share Wednesday before closing at $36.80, will we start to see more of its top executives unload some of their shares? Chief Accounting Officer Jas Athwal revealed his Facebook stock sales in a Form 4 filing with the Securities and Exchange Commission Wednesday.

With Facebook’s stock price briefly topping its initial public offering tag of $38 per share Wednesday before closing at $36.80, will we start to see more of its top executives unload some of their shares? Chief Accounting Officer Jas Athwal revealed his Facebook stock sales in a Form 4 filing with the Securities and Exchange Commission Wednesday.

Athwal sold 25,375 class-A shares of Facebook common stock at $34.97 apiece, and another 125 shares at $35.65. He now holds 152,029 shares in the company.

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