Last week we learned that Tim Cook will receive 560.000 shares Applu as compensation for his time as CEO. Their total value is around $125 million, but a large portion of it is worth less than $58 million Cook sold it immediately. You ask why he didn't sell all the shares he received? The remaining 294.840 shares, worth $63 million, will be used to pay taxes.
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Of those 560 thousand shares that Cook received, was 280 thousand pieces for success Applu compared to other companies on the American stock market and the remaining 280 thousand shares were a reward Cookovi as CEO. The goal was said to be to surpass at least two-thirds of the companies in this group, which was achieved. And Cook he can profit from this in the future, as he is promised 560 thousand shares per year for the next three years, if he Appcontinue to thrive in the stock market.
Tim's fortune Cookand is currently estimated at approximately 600-700 million dollars, so it is very likely that he will use these newly acquired tens of millions again for charitable purposes. Recently donated to a charity roughly 5 million dollars and is generally known for his frequent similar deeds.
Does the editors really allow extremists to be discussed on this website?
This guy is a dude. Keep it up.
Half of the reward will be swallowed by taxes ???
Yes. Welcome to USA.