Tim Cook Offloads Over 220K Apple Shares Worth $50M

Quick Summary:

The vesting of these shares depends on Apple’s performance from fiscal 2025 to fiscal 2027, with potential vesting ranging from 0% to 200% of the target number.As of early 2024, ...

Apple Inc.(NASDAQ:AAPL) CEO Tim Cook is set to gain over $50 million from selling 223,986 shares of Apple stock, according to a U.S.

What Happened: Earlier this week, Cook was also granted 219,502 additional shares of Apple stock.

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Category: Technology

Markets: United StatesChina

Topics: Markets Benzinga Equities Kaustubh Bagalkote Tech News AAPL Tim Cook Benzinga neuro US0378331005

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-03 @ 07:37:05 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 20 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22860000

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