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
APPLE CEO TIM COOK JUST SOLD ANOTHER $32 MILLION WORTH OF APPLE SHARES THIS WEEK $AAPL
Over the last few days, Tim Cook of $AAPL sold $30 million of Apple, $AAPL, shares according to his plan. He has sold over $120,000,000 worth of $AAPL so far. https://t.co/6AklsZ4HY6
Apple Insider Trading Alert 🚨 CEO Tim Cook just sold 196,000 $AAPL shares for a total value of more than $33 million https://t.co/w3FFZmepWy
🚨Big insider sales Insiders at Apple $AAPL have offloaded over $50M worth of shares today including $33M by CEO Tim Cook Interesting https://t.co/TwPEolisSi