Zynga’s Pincus to Sell 15% of Stake in Secondary Offering

Zynga Inc. Chief Executive Officer Mark Pincus, the largest shareholder in the social-gaming company, will sell stock valued at about $227 million in a secondary offering.

Pincus plans to sell 16.5 million shares, or 15 percent of his 111.9 million Class B and Class C stock, San Francisco-based Zynga, the biggest developer of games played on Facebook, said in a regulatory filing today. The value was based on yesterday’s closing price of $13.76.