Even more Facebook shares sold by senior exec Sheryl Sandberg

Facebook’s chief operating officer, Sheryl Sandberg, has sold even more shares in the social media giant. Last month, SmartCompany reported that Sandberg had sold over $US10 million worth of the company’s stock, joining two other senior executives in offloading shares in the company. CNet reports that Sandberg has recently sold an additional 946,588 shares for […]

Andrew Sadauskas 11 December, 2012

Facebook’s chief operating officer, Sheryl Sandberg, has sold even more shares in the social media giant.

Last month, SmartCompany reported that Sandberg had sold over $US10 million worth of the company’s stock, joining two other senior executives in offloading shares in the company.

CNet reports that Sandberg has recently sold an additional 946,588 shares for more than $US26.2 million according to an SEC filing.

The sale represents the biggest stock sell-off by the senior executive to date.