Stocks
Timothy D. Cook Proposes Selling $3.33M Worth of Apple Shares
Apple Inc.'s (NASDAQ: AAPL) CEO Timothy D. Cook has proposed selling 218,078 shares of Apple common stock. The shares are valued at an aggregate market value of $3,329,584 and were acquired through restricted stock unit (RSU) vesting.
The sale is set to take place on approximately October 2, 2026, according to a filing with the SEC. This sale is subject to Rule 144, which sets conditions for the resale of restricted or insider-held shares.
Cook's proposed sale is not unexpected, given that the shares were acquired through RSU vesting. However, it does signal that Apple insiders are looking to monetize their holdings in the company.