Mike Schroepfer Exercises Facebook RSUs

Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing with the Securities and Exchange Commission Tuesday that he exercised some of his restricted stock units and donated some Facebook shares to charitable entities.

WallStreetBull650Facebook chief technology officer Mike Schroepfer reported in a Form 4 filing with the Securities and Exchange Commission Tuesday that he exercised some of his restricted stock units and donated some Facebook shares to charitable entities.

Schroepfer exercised 54,675 RSUs that were set to expire Jan. 11, 2019, and another 33,852 that were set to expire Aug. 18, 2019. He then gifted 37,909 shares to a charitable entity, and gifted another nine shares to a charitable entity.

He now holds 372,168 shares of Facebook class-A common stock.

Vice president and general counsel Colin Stretch also filed a Form 4 with the SEC Tuesday, reporting his sale of 1,000 Facebook class-A common shares at $79.78 per share. Stretch now holds 57,482 shares in the company.

Image courtesy of Shutterstock.


david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.
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