Apple executive chair Tim Cook sells $63.8 million of stock after RSU vesting
Tim Cook, Apple’s executive chair, sold 191,753 shares on Oct 2, 2026 for roughly $63.8 million. The sale followed the vesting of 374,541 restricted‑stock units on Oct 1, 2026, with 199,038 shares withheld for taxes. The transaction was executed under a Rule 10b5‑1 trading plan that Cook adopted in May. After the sale, Cook’s trust retained about 3.24 million Apple shares.
Why it matters
The insider sale reduces Cook’s direct stake in Apple by about 6 percent, which may influence investor perception of insider confidence. The filing provides no guidance on future sales or Apple’s outlook, so the mechanical effect is a lower insider ownership level.
Key facts
- 1Cook sold 191,753 Apple shares on Oct 2, 2026. macobserver.com
- 2The sale generated approximately $63.8 million in proceeds. iclarified.com
- 3374,541 restricted‑stock units vested on Oct 1, 2026. ibtimes.com.au
- 4Apple withheld 199,038 shares for taxes, valued at about $65.7 million. ibtimes.com.au
- 5Cook’s trust held 3,237,843 Apple shares after the transaction. ibtimes.com.au
- 6The sale was carried out under a Rule 10b5‑1 plan adopted on May 28, 2026. ibtimes.com.au
Summary written by AlphAI from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.