Apple SVP Jennifer Newstead Unloads $442K in Company Stock

Senior Vice President and General Counsel Jennifer Newstead of Apple Inc. sold $442,478 worth of company stock on August 18, 2026. According to an SEC filing, she disposed of 1,439 shares at a price of $307.49 per share. This sale brings her total ownership down from previous numbers, as she now directly owns 38,668 Apple common stocks.

The transaction was carried out under a Rule 10b5-1 trading plan that Newstead had adopted on May 5, 2026. InvestingPro analysis suggests that Apple's current stock price may be overvalued at $311.30, with a P/E ratio of 36.06.

This sale is not the only recent development involving Apple. The company has been at the center of several significant events in recent news, including regulatory actions and changes to its ad tracking rules following an investigation by Germany's Federal Cartel Office.