Apple's New CEO Just Sold $8.5 Million of Stock

Apple's New CEO Just Sold $8.5 Million of Stock

Apple's new CEO just unloaded a significant block of shares days after taking the top job, but the real story is buried in the Form 4 filing and what it reveals about executive pay, trading plans, and whether the stock still has room to run.

Former Apple CEO Tim Cook sold almost 192,000 shares of the company for about $64 million

Former Apple CEO Tim Cook sold almost 192,000 shares of the company for about $64 million. This is evidenced by data from the U.S. Securities and Exchange Commission (SEC).The transaction took place on October 2 and was divided into four tranches. The...

Tim Cook sold nearly $63.9 million in Apple shares this month

Apple executive chair and former CEO Tim Cook sold nearly 200,000 Apple shares on October 2. Here are the details.

Apple CEO Ternus’ $8.5 million stock sale was tax math, not a market call

Apple’s new chief executive, John Ternus, sold about $8.5 million of company stock on October 2nd. The headline number looks large, and…

Apple's Tim Cook Sold $63.8 Million in Stock Under a May Plan, One Day After Restricted Shares Vested

Tim Cook sold $63.8 million of Apple shares after restricted stock units vested, with the transaction conducted under a pre-arranged trading plan filed before he became executive chair.