Stocks
Apple SVP Jennifer Newstead Unloads $442k in Company Stock
Apple Senior Vice President and General Counsel Jennifer Newstead has sold $442,478 worth of Apple common stock. The sale occurred on August 18, 2026, when she sold 1,439 shares at a price of $307.49 per share.
The current market value of the stock is $311.30, which represents a 38% increase over the past year. However, InvestingPro analysis suggests that the shares are overvalued with a P/E ratio of 36.06.
Newstead still owns directly 38,668 shares of Apple common stock following this transaction, which was executed pursuant to a Rule 10b5-1 trading plan adopted on May 5, 2026.