Apple Executive Jennifer Newstead Sells $442,478 Worth of Stock
Jennifer Newstead, Senior Vice President and General Counsel at Apple Inc., has sold $442,478 worth of Apple common stock. The sale occurred on August 18, 2026, when Ms. Newstead disposed of 1,439 shares at a price of $307.49 per share.
The current market price for Apple's stock is $311.30, representing a year-over-year increase of 38%. However, InvestingPro analysis suggests that the shares are overvalued with a P/E ratio of 36.06.
Following this transaction, Ms. Newstead directly owns 38,668 shares of Apple common stock. The sale was executed pursuant to a Rule 10b5-1 trading plan, which she adopted on May 5, 2026.