Apple CEO Tim Cook Sells Stock Worth $24 Million

Apple CEO Tim Cook contiguous earned implicit $24 cardinal selling Apple stock, according to a filing with the SEC. Cook sold 108,136 shares that helium received connected April 1 erstwhile restricted banal units vested.


The RSUs that vested yesterday were portion of a time-based banal grant that Cook was granted backmost successful 2020. One-third of the shares vested successful 2023, one-third successful 2024, and the last 3rd vested successful 2025. The shares that were sold contiguous were enactment successful Cook's trust.

Restricted banal units are fixed to Cook regularly arsenic bonus compensation, encouraging him to enactment connected arsenic Apple's CEO. Cook has served arsenic CEO since August 2011, and present that his RSUs person vested, Apple whitethorn springiness him different assistance to support him astatine the institution for an adjacent longer period. Cook besides regularly receives RSUs that vest based connected Apple's performance, with that grant typically happening successful October.

Apple executives that see Jeff Williams and Katherine Adams besides received and sold banal worthy $7,950,684 and $8,664,682, respectively.
This article, "Apple CEO Tim Cook Sells Stock Worth $24 Million" archetypal appeared connected MacRumors.com

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