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24th August 2012, 17:37 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 153,514
| Facebook Co-Founder Sells 450,000 Shares Another Facebook insider sold off shares today. This time around, the sale was only 450,000 shares ($9 million) compared to the 20M shares the director of the company sold earlier this week for $400M. This leaves Moskovitz, a co-founder of Facebook, with approximately seven million shares. Moskovitz was Mark Zuckerberg's Harvard roommate when they founded Facebook in 2004. He disclosed in a regulatory filing late Tuesday that he sold the shares on Friday, Monday and Tuesday in blocks of 150,000. http://www.hardocp.com/news/2012/08/...450000_shares/ |
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