Facebook CTO Michael Schroepfer offloads 270K shares

shutterstock_137499599

Facebook’s stock is all the rage these days. After a positive second quarter financial report, Facebook’s value has risen steadily. Recently, the company’s Chief Technology Officer, Michael Schroepfer, cashed in some of his shares.

Securities and Exchange Commission records show that on Thursday, July 25, Schroepfer sold 150,000 shares of Facebook stock at $33.51 apiece. Then Monday, July 29, Schroepfer sold 120,000 more shares, valued at $34.40.

In total, these two transactions netted Schroepfer $9,155,088. He currently owns 786,689 shares of Facebook stock.

At the close of the market Monday, Facebook was valued at $35.43 per share — its highest value since opening May 18, 2012 at $38.

Image courtesy of Shutterstock.

Sponsored Post

Hands-On Social Media Training for Beginners


Social Media 101
In our Social Media 101 boot camp, you’ll determine the social media sites that matter most to you, based on personal and professional goals. Starting May 13, you will learn the best practices for using Facebook, Twitter, LinkedIn, Google+, Pinterest, Instagram and Tumblr, along with complete personal profiles on each site. Register today!

Leave a Reply

interested in advertising with inside facebook?

Social Media Jobs
of the Day

Consumer Social Media Manager

3D Systems
New York, NY

Digital & Social Media Manager

Beauty & Entertainment Company
Brooklyn, NY

Social Media Editor

OZY MEDIA, INC
New York, NY

Director of Public Relations and Social Media

Hospital for Special Surgery
New York, NY

DIGITAL & SOCIAL MEDIA MANAGER

Beauty & Entertainment Company
Los Angeles, CA

Featured Company

Join leading companies like this one and recruit from the nation's top media job seekers on the Mediabistro Job Board. Every job post comes with our satisfaction guarantee. Learn More
 

Our Sponsors

Also from Inside Network:   AppData - Facebook & iOS Application Stats   PageData - Engagement Data on Facebook Pages   Facebook Marketing Bible   Inside Network Research
 
home | site map | advertising/sponsorships | about | careers | contact us | help courses | browse jobs | freelancers | events | forums | content | member benefits | reprints & permissions terms of use | privacy policy Copyright © 2014 Mediabistro Inc. call (212) 389-2000 or email us