Apple SVP Jennifer Newstead Unloads $456,177 in Stock
Jennifer Newstead, Apple's Senior Vice President of General Counsel and Government Affairs, sold 1,439 shares of common stock on September 1, 2026. The shares were sold at a price of $317.01 per share, totaling $456,177.
The sale was made pursuant to a Rule 10b5-1 trading plan, which Newstead adopted on May 5, 2026. This type of plan allows executives to pre-set a schedule for buying or selling company stock, aiming to reduce the perception of insider trading.
Following this sale, Newstead directly beneficially owns 35,790 shares of Apple common stock. The company's stock has since climbed to $328.21, nearing its 52-week high of $344.57 and increasing by 38% over the past year.