Apple’s stock has been rising like a rocket, currently up to nearly $615 (at the time of this writing). Even so, shareholders have been scrambling to sell their shares – including five of Apple’s top execs, who cashed in a combined $314 million over the last several days.
According to SEC filings (pointed out by CultofMac, iPhone in Canada), Tim Cook sold the largest number of shares at 200,000 (netting him nearly $120 million), with Peter Oppenheimer trailing at 150,000 shares sold. The shares were awarded to the execs in 2008, and have just recently become available for them to sell or trade.
The totals from the five executives are as follows:
- Tim Cook, CEO: 200,000 shares sold. Total value: $119,715,170
- Philip Schiller, Senior VP of Worldwide Marketing: 64,151 shares sold. Total value: $38,661,014
- Peter Openheimer, Senior VP and CFO: 150,000 shares sold. Total value: $89,624,444
- Robert Mansfield, Senior VP Hardware Engineering: 56,016 shares sold. Total value: $33,388,336
- Scott Forstall, Senior VP of iOS Software: 55,849 shares sold. Total value: $33,288,796
With Apple’s stock remaining on the rise, and with the company firmly retaining their position as the world’s most valuable company, the days ahead look pretty sunny for Apple investors. Apple’s value has risen over 200 points since Steve Jobs passed away in October.
