Facebook co-founder Eduardo Saverin sold some of his shares to Digital Sky Technologies, according to a new regulatory filing with the Securities and Exchange Commission.
At last report, Saverin was suspected to own around 5 percent of Facebook. But he was absent from Facebook's S-1 filing with the SEC.
That meant he either sold a part of his shares or they were diluted during an additional fundraising round. The new filing suggests the former.
The filing didn't indicate how many shares he transferred to DST.