paidContent.org reports Yahoo’s founders will be selling up to 5 million shares of Yahoo stock. The SEC filing shows that Jerry Yang, the former CEO, will be selling 3 million shares and David Filo will sell up to 2 million shares.

Overall, in the scheme of how many shares both own, 5 million shares of Yahoo is small. Both owned 133 million shares, so reducing the number by 5 million is not much. At the current value, 5 million shares is worth about $75 million.

Related Topics: Yahoo: Business Issues

About The Author: Barry Schwartz is Search Engine Land's News Editor and owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics. Barry's personal blog is named Cartoon Barry and he can be followed on Twitter here. For more background information on Barry, see his full bio over here. See more articles by Barry Schwartz

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