Stocks
Apple SVP Jennifer Newstead Offloads $442K in Company Stock
Jennifer Newstead, Apple's Senior Vice President of General Counsel and Secretary, recently sold $442,478 worth of company stock. The transaction occurred on August 18, 2026, when she sold 1,439 shares at a price of $307.49 per share.
The current market value of Apple's common stock is $311.30, up 38% over the past year. However, InvestingPro analysis suggests that the shares are overvalued with a P/E ratio of 36.06.
Newstead directly owns 38,668 shares of Apple common stock after this transaction. The sale was made in accordance with a Rule 10b5-1 trading plan, which she adopted on May 5, 2026.