Facebook Co-Founder Dustin Moskovitz Sells 450K Shares, Converts 7M More
The great Facebook stock sale frenzy continues on with a report that Co-Founder Dustin Moskovitz unloaded 450,000 shares in the social network over the past three trading days, adding nearly $9 million to his coffers.
The great Facebook stock sale frenzy continues on with a report that Co-Founder Dustin Moskovitz unloaded 450,000 shares in the social network over the past three trading days, adding nearly $9 million to his coffers.
CNNMoney reported that Moskovitz sold three 150,000-share increments at prices of between $19.38 and $19.99 per share, adding that he also converted 7 million of his remaining class-B shares to class-A common stock, much like Facebook Director Peter Thiel did last week before unloading the bulk of his holdings in the social network.
Class-B
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