Apple SVP Unloads $806K Worth of Stock Amid Market Volatility
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. The sale totaled $806,495 after Ms. Newstead disposed of 2,399 shares at $336.18 each.
The transaction was made under a Rule 10b5-1 trading plan that she adopted on May 5, 2026. Following the sale, Ms. Newstead directly holds 41,992 shares of Apple common stock.
This comes as Apple's stock trades near its 52-week high of $345.34, with current prices at $330.32. According to InvestingPro analysis, the stock appears overvalued relative to its Fair Value, ranking it among companies on the Most Overvalued list.