{"id":701885,"date":"2010-03-26T09:07:00","date_gmt":"2010-03-26T13:07:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/apple-executives-sell-1-million-shares-of-stock-2010-3"},"modified":"2010-03-26T09:07:00","modified_gmt":"2010-03-26T13:07:00","slug":"apple-executives-sell-1-million-shares-of-stock-aapl","status":"publish","type":"post","link":"https:\/\/mereja.com\/index\/701885","title":{"rendered":"Apple Executives Sell 1 Million Shares Of Stock (AAPL)"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"https:\/\/i0.wp.com\/static.businessinsider.com\/image\/4b9abb967f8b9acc44fe0000-335-251\/tim-cook.jpg?resize=335%2C251\" border=\"0\" alt=\"tim cook\" width=\"335\" height=\"251\" \/><\/p>\n<p>Apple&#8217;s top executives sold just over 1 million shares of stock on Wednesday and Thursday, according to SEC filings issued last night.<\/p>\n<p>The filings reveal seven executives sold shares for either $229.37 or 230.70. Good timing! After hitting intraday highs yesterday, Apple&#8217;s stock closed at $226.65.<\/p>\n<p>Philip Elmer-DeWitt <a href=\"http:\/\/brainstormtech.blogs.fortune.cnn.com\/2010\/03\/26\/apple-officers-dump-1-1-million-shares\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+fortuneapple20+(FORTUNE%3A+Apple+2.0)\">added it all up<\/a>:<\/p>\n<ul>\n<li><strong>Tim Cook, COO,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rHqd.htm#1stPage\">sold<\/a> 300,000 shares for $68 million. Philip notes $32 million was set aside for taxes.<\/li>\n<li><strong>Peter Oppenheimer, CFO,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rhPg.htm\">sold<\/a> 200,000 shares for $45.98 million.<\/li>\n<li><strong>Ron Johnson, SVP,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rHQe.htm\">sold<\/a> 200,000 shares for $45.95 million.<\/li>\n<li><strong>Phil Schiller, SVP,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rhph.htm#1stPage\">sold<\/a> 150,000 shares for $34.47 million.<\/li>\n<\/ul>\n<p>These last three sold small amounts to cover a tax burden, says Philip:<\/p>\n<ul>\n<li><strong>Robert Mansfield, SVP,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rHQc.htm#1stPage\">sold<\/a> <span class=\"FormData\">34,575<\/span><span style=\"font-size: xx-small;\"> <\/span>for $7.9 million. <\/li>\n<li><strong>Scott Forstall, SVP,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rHqb.htm#1stPage\">sold<\/a> <span class=\"FormData\">34,575<\/span><span style=\"font-size: xx-small;\"> <\/span>for $7.9 million.<\/li>\n<li><strong>Bertrand Serlet, SVP,<\/strong> <a href=\"http:\/\/www.secinfo.com\/d141Nx.rhPy.htm#1stPage\">sold<\/a> 69,585 for $16 million.<\/li>\n<\/ul>\n<p><strong>See Also:<\/strong> <a href=\"http:\/\/feedproxy.google.com\/~r\/TheMoneyGame\/~3\/meet-the-people-leading-apples-battle-against-google-2010-2\" >11 Apple Execs Hellbent On Destroying Google<\/a><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/apple-executives-sell-1-million-shares-of-stock-2010-3#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/tim-cook-gets-a-5-million-bonus-2010-3\">Tim Cook Gets A $22 Million Bonus For Keeping Apple Awesome While Steve Jobs Was Sick<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/does-it-matter-that-the-apple-board-isnt-independent-2010-3\">Apple&#8217;s Board Doesn&#8217;t Matter<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/meet-the-people-leading-apples-battle-against-google-2010-2\">11 Apple Execs Hellbent On Destroying Google<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/qjZbiHVFuAg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple&#8217;s top executives sold just over 1 million shares of stock on Wednesday and Thursday, according to SEC filings issued last night. The filings reveal seven executives sold shares for either $229.37 or 230.70. Good timing! After hitting intraday highs yesterday, Apple&#8217;s stock closed at $226.65. Philip Elmer-DeWitt added it all up: Tim Cook, COO, [&hellip;]<\/p>\n","protected":false},"author":574,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4821],"tags":[],"class_list":["post-701885","post","type-post","status-publish","format-standard","hentry","category-news"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9NivD-2WAJ","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/701885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/users\/574"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/comments?post=701885"}],"version-history":[{"count":0,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/posts\/701885\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/media?parent=701885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/categories?post=701885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.com\/index\/wp-json\/wp\/v2\/tags?post=701885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}