Apple CEO Tim Cook Sells Another $28.7 Million in Stock

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timcookApple CEO Tim Cook this week sold another $28.7 million worth of Apple stock, according to documents filed with the SEC.

Cook sold 269,993 shares at prices ranging from $105.95 to $107.37, netting himself a total of $28,703,590. Combined with the 334,000 shares he sold last week for nearly $36 million, Cook has liquidated approximately $65 million in stock over the course of the last few days.

Cook last week received combined stock bonuses of 1,260,000, worth more than $100 million, as he reached his five-year anniversary as the CEO of Apple.

Following the sale this week, Cook continues to hold more than 1 million shares of Apple stock worth an estimated $110 million.

Apple's senior vice president of hardware engineering Dan Riccio also sold 49,996 shares of Apple stock this week, earning more than $5 million.

Tags: Tim Cook, AAPL

Top Rated Comments

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54 months ago

That man is trash.

He might not be a very good CEO in the eyes of many, but someone who fights for my right to privacy against the government is definitely not trash in my eyes.
Score: 59 Votes (Like | Disagree)
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54 months ago
Is it because the announcement next week will be a mess and the price will go down?
Score: 26 Votes (Like | Disagree)
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54 months ago
Guess they've just run through the keynote and Tim's realised saying "it's our best ever line up" isn't going to cut it anymore.
Score: 26 Votes (Like | Disagree)
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54 months ago
he's not selling stock, he's simply making the stock thinner to improve performance and reliability
Score: 24 Votes (Like | Disagree)
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54 months ago
Tim's making me feel great about Apple this week.
Score: 23 Votes (Like | Disagree)
Avatar
54 months ago
Eddy: Hey, Tim! Wanna grab lunch with Dre and...

Tim: Eddy shut up and fill these bags with money! This place is going all Titanic, real quick.

Phil walks in

Phil: Can't take the money and run my ass!
Score: 23 Votes (Like | Disagree)

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