Apple CEO Tim Cook sold 223,986 shares of Apple stock for over $50 million, following insider trading regulations.

Apple CEO Tim Cook sold 223,986 shares of Apple stock for over $50 million, following a common practice among executives to manage their holdings and comply with insider trading regulations. This sale aligns with his October routine, and he recently received 219,502 additional shares as part of a performance-based award. Cook’s total compensation for FY 2023 reached $62.7 million, reflecting his ongoing connection to Apple’s performance.

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