Mike Schroepfer Donates Facebook Shares; David Wehner, Susan Desmond-Hellmann Sell Some
Facebook Chief Technology Officer Mike Schroepfer donated 40,000 shares of class-A common stock in the company to a charitable entity, while Chief Financial Officer David Wehner and Director Susan Desmond-Hellmann sold off some of their Facebook holdings, the three insiders reported in Form 4 filings Friday with the Securities and Exchange Commission.
Facebook Chief Technology Officer Mike Schroepfer donated 40,000 shares of class-A common stock in the company to a charitable entity, while Chief Financial Officer David Wehner and Director Susan Desmond-Hellmann sold off some of their Facebook holdings, the three insiders reported in Form 4 filings Friday with the Securities and Exchange Commission.
Schroepfer now holds 230,401 shares of class-A common stock in Facebook.
Wehner sold 11,533 class-A shares at $74.96 per share, leaving him with no remaining Facebook shares.
And Desmond-Hellmann disposed of 625 shares at $74.96
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