CFO Journal: Facebook CFO Ebersman Sells $42.6M of Stock

CFO Journal: Facebook CFO Ebersman Sells $42.6M of Stock

November 14 2013

by Maxwell Murphy

Excerpt:

David Ebersman, Facebook Inc.’s finance chief, unloaded almost 9% of his stake in the social media company on Tuesday and set a recent record for CFO stock sales.

Sales of stock by top corporate executives is a “hot topic with a lot of different views,” according to Steven Hall, managing director of Steven Hall & Partners, an executive compensation consulting firm based in New York.

“An executive should also be thinking of what message such a sale could send,” Mr. Hall said, “but that should be manageable.”

Link: http://blogs.wsj.com/cfo/2013/11/13/facebook-cfo-ebersman-sells-42-6m-of-stock/