Facebook’s Sheryl Sandberg sells $26.2M in stock

Facebook COO Sheryl Sandberg is turning more of her paper wealth into actual wealth.
After the close of market today, Facebook disclosed in an SEC filing that Sandberg sold shares valued at more than $26.2 million.
The timing was good. She sold more than 946,588 shares at prices ranging from $27.39 to $27.90 — a level that Facebook hasn’t traded at since August. In fact, shares of Facebook have been on a tear in recent weeks, as Wall Street has embraced the company’s we’re-all-about-mobile message and the biggest so-called lockups on insiders selling their pre-IPO shares have passed. The…

See the original post here: Facebook’s Sheryl Sandberg sells $26.2M in stock

Restaurant in Garden City

About The Author

RSS Hot Search Trends

Archives

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 378 other subscribers