Facebook (FB) Expects to Report Q3 Results on 10/23
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Facebook's (FB) Zuckerberg Won't Sell Stock for at Least a Year
September 4, 2012 5:19 PM EDTWith shares down 53 percent since its May 2012 IPO, Facebook (NASDAQ: FB) shareholders received a rare reprieve Tuesday evening after it was disclosed that CEO and majority shareholder Mark Zuckerberg won't sell any stock for at least 12 months.
In an SEC filing, the company said Mark Zuckerberg has decided not to adopted a Rule 10b5-1 Plan and has informed the company that he has no intention to conduct any sale transactions in Facebook securities for at least 12 months.
Mr. Zuckerberg currently holds in aggregate... 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
