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Tim Cook Earns Millions From Selling Thousands of Apple Shares

(Reuters) – Apple Chief Executive Tim Cook made $41.5 million after taxes in the biggest stock sale in two years, a U.S. securities filing showed. Cook sold 511,000 shares worth about $87.8 million before taxes, according to a filing on Tuesday. He made $355 million from the stock sale in August 2021. The Apple executive owns about 3.3 million shares, worth about $565 million, after the sale, the filing showed. The company’s shares have fallen 13% from July’s record high of $198.23 as investors fear a slower-than-expected recovery in smartphone…

The post Tim Cook Earns Millions From Selling Thousands of Apple Shares appeared first on Return Byte.



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Tim Cook Earns Millions From Selling Thousands of Apple Shares

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