Apple CEO Tim Cook cashed in on $11.1 million worth of Apple stock today, according to a filing with The Securities and Exchange Commission. 20,178 of Cook’s shares were sold off through a series of 5 transactions at various individual stock prices ranging from $547-$551.
Not a bad pay day.
Cook was given 1 million Apple shares last August. Half of the stocks will be available to him in August of 2016 and half in August of 2021, assuming he stays with the company.
AAPL stock is currently valued at $552/share, making Apple the most valuable company on earth.