Social

Facebook Executives Sell as Restrictions Expire

Published on November 2, 2012
by John Letzing

Facebook Inc. executives including Sheryl Sandberg have sold a portion of their stock in the social site as restrictions on insider sales at the company have lapsed, according to filings with the Securities & Exchange Commission.

Ms. Sandberg, Facebook’s chief operating officer, recently sold more than 350,000 shares at average prices ranging between $20.79 and $21.10, according to a filing.

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