Apple CEO Tim Cook sells 220,000 shares: What is the rule that ‘requires’ CEOs to sell company shares
Apple CEO Tim Cook has sold over $50 million worth of Apple stock. Following a pre-arranged trading plan, Cook sold 223,986 shares. Despite this sale, Cook’s total compensation for 2024 exceeds $70 million, and he remains a significant shareholder. Analysts believe the sale is unlikely to impact Apple’s stock price significantly.
