Tim Cook's recent sale of $50 million in Apple stock is part of a long history of strategic sales that he has undertaken since becoming CEO. This sale is tied to Apple's performance relative to S&P 500 companies, showcasing Cook's systematic approach to managing his holdings.
Despite these sales, Cook maintains a significant ownership stake in Apple, with over 3 million shares valued at approximately $500 million. His continued investment in Apple illustrates his confidence in the company's long-term performance.
Cook's total compensation in 2023 was reported at $63.2 million, largely attributed to stock awards and perks such as personal air travel and security. This highlights the lucrative nature of executive compensation at leading tech firms.
Since assuming the role of CEO in 2011, Tim Cook has sold approximately $1.5 billion worth of Apple stock through various transactions, indicating a consistent trend of monetizing shares while still retaining a significant ownership stake.
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