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AUG 26, 2013 - MarketWatch

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Facebook COO Sandberg sold as stock rose past $38

SAN FRANCISCO (MarketWatch) -- Facebook Inc. Chief Operating Officer Sheryl Sandberg sold 176,452 shares in the company on Aug. 22, according to a securities filing late Monday, as the stock neared its highest closing levels ever. Sandberg sold the shares for $38.52 each, or $6.8 million, according to a form 4 filing with the Securities and Exchange Commission. Facebook shares closed on Thursday at $38.55, representing a 1.4% gain from the May 2012 IPO price but a 45% rebound from the day of the company's last earnings report, which blew through estimates. On Friday, it notched a new ... Read More

Tags: Facebook COO Sandberg sold as stock rose past $38,  Facebook Ipo Latest News