What happened to Apple in 2011 and Tim cooks, has been directly or indirectly the subject of several discussions. We see him constantly on the agenda, both through his actions specific to Apple and his statements outside the company. Our billionaire CEO has now come up with a very interesting move on our agenda.

He sells some of his Apple shares Tim cookswith a total value of almost $30 million 200,000 Apple shares sold. It turned out that this step, which surprised many people at first glance, actually took place within the framework of a certain rule. The amount remaining to Tim Cook after the sale amount is also quite interesting.

It earned $16 million on revenue of $33 million.

Tim Cook, exactly. 196,410 Apple shares It’s been sold. Their exact value is $33.23 million. Naturally, this is the amount before tax deductions. Cook made $16.3 million from the sale after taxes were deducted, according to a U.S. Securities and Exchange Commission filing.

All shares sold by Cook belong to the ‘performance-based stock compensation‘ came out of the system. It is possible for Apple executives to sell company shares at certain times within the framework of the rules established within the company. Currently owned by Cook $3.3 million value of Apple shares.

Apple’s CEO made a similar move in 2021 by selling a total of 5 million shares. $355 million he had achieved. Most recently, it emerged in 2023 with the sale of shares worth $88 million.