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whip niu shi reported that on october 3, according to foreign reports,appleceo tim cook has sold more than 220,000 apple shares worth more than $50 million.

apple stock has always been a long-term holding, but executives tend to sell off portions of their shares from time to time. considering that delayed selling is necessary to prevent insider trading, this approach is above board.

according to a recent filing with the u.s. securities and exchange commission, cook sold 223,986 shares of apple stock for a total value of $50,276,076.

this isn't an unusual move for the company's ceo, as he regularly sells apple stock in october. for example, in 2023, cook made approximately $41.5 million in profit from selling apple shares. tim cook also sold a large amount of stock in april 2024, earning him approximately $16 million.

as originally reported by macrumors, the apple ceo received 219,502 shares of apple stock earlier this week as part of a performance bonus he received. the awards are tied to apple's shareholder returns compared to other s&p 500 companies.

of the shares tim cook received this week, 54,876 will vest in one-third increments in 2027, 2028 and april 2029, while 164,626 are performance-linked and will vest in october 2027 1 day vesting. up to 200% of the stock will vest, depending on apple's performance from fiscal 2025 to fiscal 2027.

in addition to basic salary, apple's ceo often receives different performance incentives and stock awards, with a salary equivalent to us$3 million in fiscal year 2023. that same year, he received $47 million in stock awards and $10.7 million in non-equity compensation, as well as $2.5 million in other compensation — mostly security-related expenses.