Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his...

|By:, SA News Editor

Google (GOOG) discloses chairman Eric Schmidt plans to sell 3.2M Class A shares, or 42% of his stake in the company, over the course of 2013 through a Rule 10b5-1 trading plan. The sale will encompass nearly 1% of Google's outstanding shares, and 3.2% of their voting power. (8-K)