Yahoo Founders To Sell Up To 5 Million Shares

By Barry Schwartz

Published: February 12, 2010 at 9:25 am

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.

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About the author

Barry Schwartz

Barry Schwartz is a technologist and a Contributing Editor to Search Engine Land and a member of the programming team for SMX events. He owns RustyBrick, a NY based web consulting firm. He also runs Search Engine Roundtable, a popular search blog on very advanced SEM topics.

In 2019, Barry was awarded the Outstanding Community Services Award from Search Engine Land, in 2018 he was awarded the US Search Awards the "US Search Personality Of The Year," you can learn more over here and in 2023 he was listed as a top 50 most influential PPCer by Marketing O'Clock.

Barry can be followed on X here and you can learn more about Barry Schwartz over here or on his personal site.