Stocks
Apple SVP Jennifer Newstead Unloads $456,177 in Stock
Jennifer Newstead, Apple's Senior Vice President of General Counsel and Government Affairs, sold $456,177 worth of shares on September 1. The 1,439 shares were sold at a price of $317.01 each.
This sale comes as Apple's stock continues to climb, reaching a 52-week high of $344.57 with shares up 38% over the past year.
Newstead directly beneficially owns 35,790 shares of Apple common stock following this sale. The transaction was made according to a Rule 10b5-1 trading plan that she adopted on May 5.