Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
By
Biju Kumar
Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed.
Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made $355 million from a stock sale in August 2021.
The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed.