By MacRumors Staff
Apple Executives Receive Stock Worth Up to $22 Million as RSUs Vest
Seven Apple executives this week received major stock awards after restricted stock units or RSUs awarded in 2014 and 2015 vested. Apple issues RSUs to its executives as bonus compensation, with the restricted units vesting after a set period of time as long as the employee stays with the company. Phil Schiller, Dan Riccio, Jeff Williams, and Eddy Cue all received 130,117 shares, worth...
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Apple Executives Receive Restricted Stock Units Worth Millions
Several Apple executives were today awarded 128,584 restricted stock units or RSUs worth upwards of $20 million at Apple's current price. The RSUs are set to vest after a set period of time and serve as bonus compensation to encourage employees to stay with the company. Johny Srouji, Phil Schiller, Dan Riccio, Luca Maestri, Craig Federighi, Eddy Cue, and Angela Ahrendts all received 128,584...
Apple Executives Receive Stock Worth Over $19 Million Each as RSUs Awarded in 2014 Vest
Eight Apple executives this week received 125,494 shares of stock each after restricted stock units or RSUs first awarded in 2014 vested. Apple issues RSUs, which vest after a set amount of time so long as an employee stays with the company, to its executives as bonus compensation. Luca Maestri, Craig Federighi, Eddy Cue, Angela Ahrendts, Jeff Williams, Bruce Sewell, Phil Schiller, and Dan...
Google Surpasses Apple as World's Most Valuable Company
Google's parent company, Alphabet, is encroaching on Apple's status as the most valuable company in the world, reports CNN. While Apple is currently on top, a surge in Alphabet shares today gave it a market valuation of $533.4 billion, briefly surpassing Apple's valuation of $532.7 billion on a 1 percent stock drop. Alphabet shares dropped shortly after, leaving Apple at a higher valuation,...