Tim Cook Sold 417,116 Apple Shares For $129.6 Million Under A Plan He Set In May
A Form 4 shows the Apple CEO's sales followed a stock award vesting and ran under a trading plan adopted on May 28, 2026.
Apple CEO Tim Cook sold 417,116 shares at an average $331.61, a $129.6 million total across the priced transactions, according to a Form 4 filed Monday. The filing covers activity on October 1 and October 2 and says the sales ran under a pre-scheduled trading plan.
What the Form 4 says
The Form 4, the insider-trade report filed with the SEC, ticks the Rule 10b5-1 box. Its footnotes say Cook adopted the plan on May 28, 2026, so the sales were not a fresh, discretionary call.
The shares came from a restricted stock unit award that settled October 1. Cook acquired 374,541 shares, and 199,038 were withheld for taxes. He gifted 26,325 shares, and four open-market sales followed on October 2.
After the transactions, the filing shows 3,237,843 shares on the reported direct line, held through Cook's trust. That is worth about $1.08 billion at Monday's close, and the sales equal 11.41% of holdings.
The award and the pattern
The award was granted October 1, 2023. Its target was 219,030 restricted stock units, and the payout was set by Apple's total shareholder return versus other S&P 500 companies, per the footnotes.
Cook's two prior Form 4 filings in the supplied history each show a sale on October 1 or April 1, at roughly $256.09 and $254.94 a share. The timing follows the same vesting rhythm.
Apple shares were flat in Monday after-hours trading at $332.82.
What to watch
The next Form 4 tied to a vesting date would show whether Cook keeps selling under the May 2026 plan.
The next vesting-linked filing will show whether the May 2026 plan keeps driving his sales.
Sources
- Form 4 — Tim Cook (AAPL) — SEC EDGAR
