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Apple Shares

2 GoKawiil briefs on this topic

Tim Cook sells $63.9M in Apple stock, gifts additional shares

Apple executive chair Tim Cook sold 191,753 Apple shares on October 2 for roughly $63.9 million, a day after 374,541 restricted stock units vested based on Apple's three-year shareholder return performance. Apple withheld 199,038 shares worth about $65.7 million to cover taxes, and Cook separately gifted 26,325 shares to an unnamed recipient, leaving him with over 3.2 million shares held through his trust.

John Ternus set to succeed Tim Cook as Apple CEO next week

John Ternus will officially become Apple's CEO next week, taking over from Tim Cook, who moves into the role of executive chairman. Cook led Apple for 15 years, during which its market value grew from $349 billion to over $5 trillion, with shares up roughly 2,205% versus the S&P 500's 560% gain.