The Mercury News article: Bonanza from Google stock's rise, reports on the more than $2.1 billion Google "insiders" have realized since the company went public last August.
In May, Googlers sold just shy of $400 million of stock, second nationwide only to the $515 million in sales by Microsoft insiders, according to Bloomberg News data.Since the Mountain View company's IPO, Page and Brin have sold stock worth $619 million and $589 million, respectively, while Schmidt's sales have totaled about $191 million. In May, Page and Brin sold 400,000 shares each, fetching $93 million and $90 million, respectively. Schmidt sold $29 million. Page and Brin have sold similar numbers of shares in June, too. Thanks to the stock's steady rise, the sales totaled nearly $116 million for Brin and $111 million for Page.
Meet Your Favorite Search Engine Watch Contributors
Many of SEW's leading expert contributors will be at ClickZ Live, the new online and digital marketing event kicking off in New York (March 31-April 3). Hear from the likes of: Thom Craver, Josh Braaten, Lisa Barone, Simon Heseltine, Josh McCoy, Lisa Raehsler, Greg Jarboe, Dan Cristo, Joseph Kerschbaum, John Gagnon, Eric Enge and more!