Ebersman sold 11,700 shares at $58.80 each and 11,700 more at $56.37 each, netting him a total of $1,347,489 in the transactions. He currently owns 309,745 shares of Facebook stock.
As of the close of market Thursday, Facebook’s share value dropped slightly to $56.63.
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Source: Inside Facebook
Facebook CFO David Ebersman offloads stock