Four senior Apple executives and company board members recently donated more than 10,000 shares of the Cupertino, Calif. company’s high-flying stock. The donations benefitted unnamed charitable organizations with early Christmas gifts worth over $3 million, according to government records.
Apple board member and former clothing executive Millard Drexler made the largest donation of 6,800 shares worth more than $2.1 million. Drexler is CEO of J. Crew and former chairman of The Gap. Drexler made the donation on Dec. 14, a day when Apple stock closed at $320.29 per share.