Stocks
Apple SVP Jennifer Newstead Unloads $447,457 in Stock Under Trading Plan
Jennifer Newstead, Senior Vice President and General Counsel at Apple Inc. (AAPL), sold 1,439 shares of the company's common stock on August 25, 2026. The transaction was executed at a price of $310.95 per share, totaling $447,457.
This sale was made pursuant to a Rule 10b5-1 trading plan, which Newstead adopted on May 5, 2026. Following this transaction, Newstead directly holds 37,229 shares of Apple common stock.
The transaction comes as Apple shares trade at $314.54, giving the tech giant a market capitalization of $4.57 trillion. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value, placing it among the most overvalued stocks tracked by the platform.