Recently, Dustin Moskovitz, co-founder of Facebook Inc(NASDAQ:FB) has now sold all his Class A shares. Earlier, he sold his stocks in small chunks of 150,000 on a daily basis. But last week, he sold all the remaining shares in three distinct trades between September 5 and September 7.
The filing report with Securities and Exchange Commission reveals that Moskovitz, who is now the co-founder of startup Asana made $104 million from these final trades. Starting from the time of lockup expiration, he has sold 7.5 million shares for almost $143 million.
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