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Apple CEO Tim Cook Sells Almost 200,000 Shares In The Company, Which Are Valued At A Hefty $33 Million

NewsTech

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Apple CEO Tim Cook sells 200,000 shares in the company

During this week, Apple’s Chief Executive Tim Cook sold 196,410 shares of the company’s stock. Based on the average sale price of the transaction, the total value of these shares is $33.2 million, which is a massive payday for the CEO of the world’s most valuable company, but he will not pocket the entire amount. Last year, we reported that Cook made $63.2 million as part of his compensation. Out of that amount, $3 million was his base salary, followed by $47 million in stock awards, $10.7 million in performance-based bonuses, and $2.5 million in other compensations. Those compensations include […]

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