Why Is Tim Cook Cashing Out? Apple CEO's $33M Stock Sale Fuels Speculation
- 17 days ago
Apple CEO Tim Cook has sold company shares valued at over $33 million.
What Happened: Shares were sold over two days, from Apr. 1 to Apr. 2, at prices ranging from $168.62 to $170.03. On the initial day, Cook divested 99,183 shares at $170.03 each, according to the company filing.
The subsequent day saw the sale of 97,062 shares at an average price of $168.62 and an additional 165 shares at $169.30 per share.
These transactions amounted to a substantial decrease in Cook’s direct holdings in Apple stock, which dwindled to 3,280,180 shares.
What Happened: Shares were sold over two days, from Apr. 1 to Apr. 2, at prices ranging from $168.62 to $170.03. On the initial day, Cook divested 99,183 shares at $170.03 each, according to the company filing.
The subsequent day saw the sale of 97,062 shares at an average price of $168.62 and an additional 165 shares at $169.30 per share.
These transactions amounted to a substantial decrease in Cook’s direct holdings in Apple stock, which dwindled to 3,280,180 shares.