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Apple's Top Lawyer Unloads $447K in Stock Ahead of Product Launch

Guavy AI Editorial Team
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AAPL
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Jennifer Newstead, Apple's Senior Vice President of General Counsel and Secretary, has sold 1,439 shares of the company's common stock. The sale took place on August 25, 2026, at a price of $310.95 per share, totaling $447,457.

The transaction was made under a Rule 10b5-1 trading plan that Newstead adopted on May 5, 2026. Following this sale, she directly holds 37,229 shares of Apple common stock.

Apple's current market capitalization stands at $4.57 trillion, with the company's P/E ratio reflecting premium valuations typical of leading technology firms at 36.04.

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