Today's Hard|Forum Post
Today's Hard|Forum Post

Monday February 11, 2013

Eric Schmidt Selling $2.5B Of Google Stock

$2.5 billion? Holy crap, talk about a massive pay day! On second thought, he's selling off almost 50% of his stocks, I wonder if he knows something we don't?

An 8-K filed with the SEC Friday indicates that Schmidt, who previously served as Google’s chief executive, will sell up to 3.2 million shares آ— he owns 7.6 million آ— a stake worth slightly more than $2.5 billion at Friday’s closing price of $785.37.