Facebook's (FB) Zuckerberg Won't Sell Stock for at Least a Year
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Facebook (FB) Pops as CEO Zuckerberg Remains Committed
September 4, 2012 4:55 PM EDTShares of Facebook Inc. (Nasdaq: FB) are up in late trading Tuesday following renewed confidence in the social media giant.
The company filed an 8-K which said, in part, CEO Mark Zuckerberg won't sell stock for at least a year.
The stock is up 2 percent in late trading.... More
Facebook (FB) CEO Mark Zuckerberg Won't Dump Stock for 12 Months
September 4, 2012 4:50 PM EDTFacebook (NASDAQ: FB) said CEO Mark Zuckerberg won't sell stock for at least 12 months:
From the Filing:
As of the date of this report, Mark Zuckerberg has not adopted a Rule 10b5-1 Plan and has informed us that he... More
Facebook (FB) CEO Zuckerberg Won't Sell Shares for One Year
September 4, 2012 4:49 PM EDTFacebook (Nasdaq: FB) CEO Mark Zuckerberg won't sell shares for at least a year, according to an 8-K filed with the SEC after the market closed.... More
Facebook (FB) CEO Zuckerberg Hasn't Adopted 10b5-1 Trading Plan, Will Waive Market Stand-Off Position
September 4, 2012 4:46 PM EDTFacebook (Nasdaq: FB) intends to waive its market stand-off provision and the CEO Mark Zuckerberg hasn't adopted a rule 10b5-1 trading plan yet.
From an 8-K filed with the U.S. SEC:
"Our employees are subject to market-stand-off provisions that prohibit them from selling or otherwise transferring any of their common stock or securities convertible into or exchangeable for shares of common stock until November 14, 2012. We intend to waive this market stand-off provision to allow our employees who were employed by Facebook through October 15, 2012, to sell shares held by... More
Peter Thiel Sells 20M Facebook (FB) Shares
August 20, 2012 5:10 PM EDTBillionaire Peter Thiel disclosed the sale of 20,058,068 Facebook (NASDAQ: FB) shares from 08/16-8/17 at... More
