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Last week, information appeared on the website that Tim Cook divested part of his shares Applu. More specifically, it was supposed to be the sale of 334 shares worth between $000 and $107,21. That made him just under $107,69 million, and many people saw it as a sign of something bad. The CEO of the world's most valuable company isn't going to just sell his shares for nothing. However, this morning, more or less the same thing happened, and Cook He sold again. This time, he got rid of almost 270 shares worth a total of just under $29 million. As bad as it may look, it shouldn't mean anything.

Following these sales, many people began to speculate about whether Cook is not selling because he expects the stock to fall further in connection with the introduction of new products next week. Whether there is any truth to this idea we will probably never know, but the important thing is that such a sale of shares is not possible overnight and must have been planned very far in advance. Moreover, it is illegal to manipulate stocks based on non-public information, so these theories should be put aside. Pro Another reason for the sale may also be that Cook received more than a million and a quarter shares as a reward for his five-year tenure at the head of the company.

Specifically, he received 1 shares of common stock as a bonus for reaching this milestone. In dollar terms, this stock package is worth more than $260 million. So, despite all the previous sales, he owns Cook still more than a million and a quarter shares Appyou. Tim Cook However, he wasn't the only one selling his "home" company's shares. Senior VP of Hardware Engineering, Dan Riccio, also sold a package of almost 50 shares, making him over $000 million.

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Source: Macrumors

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