Apple SVP Jennifer Newstead Unloads $806K Worth of AAPL Stock
Jennifer Newstead, Senior Vice President of General Counsel and Government Affairs at Apple Inc. (), sold a significant amount of company stock on September 29, 2026. According to the report, she sold 2,399 shares of Apple's common stock for a total of $806,495. The shares were sold at a price of $336.18 each.
The sale was made pursuant to a Rule 10b5-1 trading plan, which Newstead adopted on May 5, 2026. Following this transaction, she directly holds 41,992 shares of Apple common stock.
Apple's stock is currently trading near its 52-week high of $345.34, with shares at $330.32 as of the time of reporting. InvestingPro analysis suggests that the stock appears overvalued relative to its Fair Value, placing it among companies on the Most Overvalued list.