Facebook co-founder Dustin Moskovitz has been selling Facebook stock each trading day since Aug. 17. As of his most recent disclosure, he has shed 7.5 million shares for proceeds of $143 million, at prices ranging from $17.56 to $20.08. He still owns hundreds of millions shares.
Moskovitz was Mark Zuckerberg’s Harvard roommate when they founded Facebook in 2004. Moskovitz, 28, left Facebook in 2008 and started Asana, whose software helps manage projects.
He has been disclosing the sales every three days. He did not sell any stock in Facebook’s IPO. Facebook is headquartered in Menlo Park, Calif.
Here’s a look at his daily sales, average prices and ranges and proceeds for the day:
Read also:
Recent transactions by major Facebook investors (Businessweek)
Why Facebook Refuses To Enter The Chinese Market (Seeking Alpha)
Facebook co-founder sells more of his shares in company (USA TODAY)
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