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Slideshow Facebook co-founder Moskovitz sold stock post lockup Tweet Share this Email Print Related News Wall Street slips after S&P 500 hits four-year high Tue, Aug 21 2012 Facebook director Thiel sold 20 million shares after lockup Mon, Aug 20 2012 Facebook shares drop 4 percent, hit another low Fri, Aug 17 2012 Facebook plumbs new lows as sales curbs start to expire Thu, Aug 16 2012 Soros, Coleman among few hedge fund fans of Facebook Tue, Aug 14 2012 Analysis & Opinion Facebook’s market meltdown is far from over Facebook costs UBS some of its new friends Related Topics Tech » Media » Facebook » Fri Aug 24, 2012 9:39pm EDT (Reuters) - Facebook Inc co-founder Dustin Moskovitz sold 450,000 Class A shares over the past three days, his second such sale since last Friday, becoming the latest insider to sell shares following the end of the lockup, according to a regulatory filing late on Friday evening. Moskovitz, who was Facebook's first chief technology officer, sold the shares in three batches of 150,000 shares each beginning on Wednesday, raising more than $8.7 million. A regulatory filing from Tuesday shows a similar 450,000 share sale in three batches beginning last Friday through Tuesday, raising a little over $8.83 million. Earlier this week, Facebook director Peter Thiel sold roughly $400 million worth of shares in the company, as investors look to cash out their stake after the end of the first lockup, which barred early investors and insiders from selling shares following the initial public offering. Moskovitz, a onetime Harvard roommate of Facebook founder Mark Zuckerberg, had been with the company since its earliest days and left in 2008 to form a social-networking company for business called Asana. Moskovitz still owns 6.6 million Facebook Class A shares and 126.2 million Class B shares, according to the filing. More than 1.4 billion additional shares held by early investors and Facebook employees are set to become available for trading by year's end, as additional post-IPO lockup restrictions are lifted. Facebook shares closed at $19.41 on Friday on the Nasdaq, down 3 cents. (Reporting by Aman Shah in Bangalore; editing by Carol Bishopric) Tech Media Facebook Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. 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