Apple CEO Tim Cook sells over $50 million worth of Apple stock
Apple CEO Tim Cook and several other Apple executives have sold some Apple stock, as disclosed in a late Wednesday filing with the Securities and Exchange Commission. Cook sold 223,986 shares, valued at approximately $50.28 million.
Chris Ciaccia for Seeking Alpha:
Also selling stock were Chief Operating Officer Jeff Williams, who sold 59,370 shares worth $13.5M; Senior Vice President of Retail Deirdre O’Brien, who sold 61,019 shares worth $13.8M; and Katherine Adams, Apple’s general counsel and senior vice president of Legal and Global Security, who sold 61,019 shares worth $13.8M.
MacDailyNews Note: This was a scheduled sale as required by insider trading regulations. The SEC filing shows that Cook’s instruction to sell these shares was issued back on May 21, 2024.
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