Sheryl Sandberg Just Gave Away $11.8 Million In Facebook Shares

DAVOS/SWITZERLAND, 28JAN11 - Sheryl Sandberg, ...
DAVOS/SWITZERLAND, 28JAN11 - Sheryl Sandberg, Chief Operating Officer, Facebook, USA; Young Global Leader are captured during the session 'Handling Hyper-connectivity' at the Annual Meeting 2011 of the World Economic Forum in Davos, Switzerland, January 28, 2011. Copyright by World Economic Forum by Jolanda Flubacher (Photo credit: Wikipedia)

According to a new SEC filingFacebook chief operating officer Sheryl Sandberg gave away 429,184 shares of Facebook stock on November 20 — a gift worth $11.8 million.
The filing did not name the recipient. But in most circumstances, if the gift were made to a relative or a family trust, that fact would be disclosed.
So we're thinking Sandberg, who has championed nonprofits seeking to improve the position of women in society, may have made a charitable donation.
She's on the board of Women for Women International and V-Day, and serves on the advisory board of the Somaly Mam Foundation.

Read more:

Enhanced by Zemanta