Monday, June 11, 2007

Google's VP sells shares on the same day he's given them

This isn't really news - it's just that very few Google watchers keep an eye on the stock trading.

Forbes is reporting that Google VP Jonathan J. Rosenberg was given 314 shares on Thursday. He sold them then and there for between $515.81 and $525.30.

Google, in other words, gave him at least $161964.34. Which isn't too bad!

There are all sorts of insider trading safe guards in play here. He will have done the paperwork in advance.