US EditionApple CEO Tim Cook makes $41 million from biggest stock sale in two years
- Apple CEO Tim Cook made $41.5 million after taxes in his recent share sale, bringing his total earnings to $355 million this year.
- Cook sold 511,000 shares worth $87.8 million before taxes, reducing his ownership to 3.3 million shares valued at $565 million. Apple's shares have fallen 13% from their peak.
- Analysts downgraded Apple's stock due to concerns about slowed sales growth in the US and a projected 12% decline in North American smartphone shipments.
22 Articles
22 Articles
Apple CEO Tim Cook got a $41 million payday after massive stock sale, as the iPhone maker’s shares creep down from summer highs
Apple CEO Tim Cook, Meta founder Mark Zuckerberg, Amazon CEO Andy Jassy and Alphabet CEO Sundar Pichai all have wildly different compensation packages.
Apple CEO Tim Cook nets $41 million in largest stock sale in two years
In his most substantial stock sale in two years, Apple's Chief Executive Officer, Tim Cook, has realised $41.5 million after taxes, as indicated in a U.S. securities filing. Cook's recent transaction involved the sale of 511,000 shares, initially valued at approximately $87.8 million before factoring in tax deductions. This follows a significant stock sale in August 2021 that raked in $355 million for Cook. The filing reveals that even after
Apple CEO Tim Cook makes $41M from biggest stock sale in two years
Apple chief executive officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021.
CEO Tim Cook sells some Apple stock, bringing him $41.5 million
The head of Apple recently conducted a series of company stock sales worth tens of millions of dollars. CEO Tim Cook's sales, which appeared in a Securities and Exchange Commission (SEC) filing, involved several hundred thousand of the iPhone maker’s shares. They had a post-tax value of roughly $41.5 million in total. The disclosure form was published on Tuesday. Roughly $46.3 million worth of the shares were "withheld by Apple to satisfy tax…
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