
In a significant move within the tech industry, Apple Inc. insiders, including CEO Tim Cook, have sold over $50 million worth of Apple shares. Tim Cook alone offloaded nearly 200,000 shares for more than $33 million. This sale is part of Cook's planned disposition of shares, which has totaled over $120 million so far. The transactions occurred over the last few days, with Cook selling another $32 million worth of shares this week, totaling approximately $33.2 million. After taxes, Cook received just under half of the $33 million from the recent sales.
Apple CEO Tim Cook has sold shares in his company worth about $33 million, and received just under half that after tax. $aapl By @WGallagher https://t.co/PogWTmr29e
Tim Cook sold nearly 200,000 Apple shares this week, which has an approximate value of $33.2 million 😳 https://t.co/musn2AL66t
Tim Cook Sells Nearly 200,000 Apple Shares https://t.co/JWHio4bb5J
