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Apple CEO Tim Cook today earned over $24 million selling Apple stock, according to a filing with the SEC. Cook sold 108,136 shares that he received on April 1 when restricted stock units vested.

Apple-Logo-Cash-Feature-Mint.jpg

The RSUs that vested yesterday were part of a time-based stock award that Cook was granted back in 2020. One-third of the shares vested in 2023, one-third in 2024, and the final third vested in 2025. The shares that were sold today were put in Cook's trust.

Restricted stock units are given to Cook regularly as bonus compensation, encouraging him to stay on as Apple's CEO. Cook has served as CEO since August 2011, and now that his RSUs have vested, Apple may give him another grant to keep him at the company for an even longer period. Cook also regularly receives RSUs that vest based on Apple's performance, with that award typically happening in October.

Apple executives that include Jeff Williams and Katherine Adams also received and sold stock worth $7,950,684 and $8,664,682, respectively.

Article Link: Apple CEO Tim Cook Sells Stock Worth $24 Million
 
All Apple product prices will likely increase due to all these new Terri's. Tim Cook sees the writing on the wall.
the future sales of iPhones and Macs is about to take a big hit.
Stock market crash incoming.
 
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Reactions: tridley68
Good thing he did it today, because it's already down more than 6% after hours because of the crash that will happen tomorrow morning. I wish I'd sold everything I own today.

Did tim apple already know?
He literally made 1.5M more yesterday than he would've if he sold today.
 
not a good sign when 3 c-level execs do a stock dump at the same time
Execs almost always have a pre-determined plan for converting shares in place for several years prior. Nothing nefarious here. That type of planning is put in place in large part to prohibit the manipulation of the stock price or the appearance of doing so. In many cases, the boards of publicly owned companies require pre-planning such as that, and usually have timeline requirements, again, to stay above suspicion with shareholders and legal entities. Still, timing can be called into question but it is hard to argue that Tim Cook knew that after-hours stock prices would fall 6% at 430PM on April 2, 2025 when his plan was put in place on April 1, 2020.
 
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