Chris Cox Exercises RSUs, Sells Facebook Shares

Facebook chief product officer Chris Cox exercised some of his restricted stock units and sold off some shares in the company, he reported in a Form 4 filing Wednesday with the Securities and Exchange Commission.

WallStreetBull650Facebook chief product officer Chris Cox exercised some of his restricted stock units and sold off some shares in the company, he reported in a Form 4 filing Wednesday with the Securities and Exchange Commission.

Cox exercised 11,371 RSUs that were set to expire Aug. 25, 2019. He then sold 4,000 shares of Facebook class-A common stock at $75.5273 per share, and another 1,934 at $76.1583 each, leaving him with a total of 580,288 shares in the company.

Image of Wall Street bull courtesy of Shutterstock.

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