Mike Schroepfer Exercises RSUs, Sells Facebook Shares

Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing with the Securities and Exchange Commission Thursday that he exercised 20,000 restricted stock units and immediately sold the 20,000 class-A shares of Facebook common stock that resulted from the transaction.

WallStreetBull650Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing with the Securities and Exchange Commission Thursday that he exercised 20,000 restricted stock units and immediately sold the 20,000 class-A shares of Facebook common stock that resulted from the transaction.

The RSUs exercised by Schroepfer were set to expire Jan. 11, 2019. He sold the shares at $74.01 each, and he now holds 321,559 shares of Facebook class-A common stock.

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