Just read that FB cashed stocks and or options for over $485,000,000 last week. Nice, right?
8 replies (most recent on top)
Not 4.68 billion, Half a billion dollars is correct.
3,112,647 x market price (150 +/-)
https://archive.fast-edgar.com/20240612/ARZ2T222Z22TN2Z2222H2CZCRRS97Z2I9262/
Still unfathomable amount of money for someone running a business into the ground.
@1bqe+1sYLVCUI
You assume someone had a soul to begin with.
$4.68 billion and I get sc--wed out of my severance after 21 years. Convert me to a contractor to get out of paying me my severance. SMDH
“For what does it profit a man to gain the whole world and forfeit his soul?”
Still can’t buy respect
This is nothing to get worked up over. Executives sell shares all the time for normal expenses. Frank must be selling a couple shares so he can go to dinner and a movie. His six percent contractual increase must not be covering inflation. Luckily the associates don't have to worry about stuff like that.
According to this source, it’s about 4.68 billion “disposed of” and the rest was acquired. https://www.streetinsider.com/dr/news.php?id=23343914&gfv=1
Can you provide a source? I don't see it on the SEC filings page. Not doubting, but want to verify.