Tim Cook Sells $50 Million in Apple Shares

The Apple CEO's stock sale was pre-scheduled and constitutes a small portion of his holdings.

Tim Cook sold 223,986 shares of Apple stock, valued at over $50 million, according to an SEC filing.
The sale was pre-planned, with the instruction to sell issued in May 2024 when the stock was valued at $192.
Cook's sale represents less than 10% of his total Apple holdings, which remain valued at over $500 million.
Earlier this week, Cook received an additional 219,502 shares, with vesting schedules extending to 2029.
Apple is undergoing significant changes, including a leadership transition and the anticipated launch of the AI-enabled iPhone 16.