Here Are The Latest Facebook Insiders To Sell Stock

Donald Graham

Facebook insiders just reported a bunch of new moves with their stocks.

Some sold while others just vested shares from options and restricted stock units.

  • Facebook COO Sheryl Sandberg, who’s also a board member, received $9 million in stock from vested restricted stock units. (Facebook withheld another $9.6 million in shares for taxes.)
  • Board member Don Graham, the CEO of the Washington Post Company, sold $223,000 in shares to cover taxes. He’d previously said he’d only sell shares to cover his tax liability for a year after the company’s IPO.
  • Engineering VP Mike Schroepfer sold $1.4 million worth of shares.
  • Chief accounting officer David Spillane sold $1.6 million.
  • General counsel Ted Ullyot put $5.4 million worth of shares into a trust, exercised options to acquire $5 million worth of stock, and vested another $823,000 in restricted stock.

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