Tim Cook has already sold off all the Apple stock he earned in last week’s $121M windfall
Apple CEO Tim Cook earned a bonus of 560,000 shares on Friday, and did what many in Silicon Valley do — liquidated almost all of it on Monday. In a new SEC filing, Cook said he sold 265,160 shares, worth roughly $57.8 million in cash, in a series of transactions on Monday. He sold the rest of his new stock — 294,840 shares, worth about $63.7 million — to pay for the taxes on the transaction. As of this week, he still owns 878,425 Apple shares from earlier awards, worth about $193.2 million…
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Tim Cook has already sold off all the Apple stock he earned in last week’s $121M windfall