Apple CEO Tim Cook Sells Stock Worth $24 Million

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
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.

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Top Rated Comments

dannyyankou Avatar
8 months ago
Before anyone jumps to any conclusions, read the article. It was a time-based award, so this was scheduled. And years in advance, at that.
Score: 28 Votes (Like | Disagree)
mevans7 Avatar
8 months ago
He just needed a little petty cash.
Score: 17 Votes (Like | Disagree)
DocMultimedia Avatar
8 months ago
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.
Score: 12 Votes (Like | Disagree)
sdz Avatar
8 months ago
This is the end of Apple! ??
Score: 12 Votes (Like | Disagree)
ThatGuyInLa Avatar
8 months ago
He's gonna bow out. Just watch. Someone must answer for Apple Intelligence fiasco. (as well as the OTHER blunders)
Score: 11 Votes (Like | Disagree)
CarpalMac Avatar
8 months ago
When you consider some of the insane numbers certain CEO's are being associated with, Tim seems like an utter bargain. I personally am not a fan, but you cannot deny his steer of Apple has seen it become a proper cash monster. It's no meme stock.
Score: 11 Votes (Like | Disagree)