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Sandberg sells $91 million of Facebook stock

Published August 12, 2013 4:54 pm

This is an archived article that was published on sltrib.com in 2013, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

Facebook's chief operating officer, Sheryl Sandberg, has sold $91 million worth of shares in the social networking company.

The sale was part of a pre-determined trading plan that was set up in 2012. It came a week after Facebook's stock passed its $38 IPO price for the first time since going public in May 2012.

According to a regulatory filing from Friday, Sandberg sold the shares in the Menlo Park, Calif.-based company on Aug. 7 for prices ranging from $37.79 to $38.93.