SEC documents show more Execs selling AAPL
updated 03:40 am EDT, Tue May 21, 2002
Apple executives have filed with securities regulators to sell about $25 million in stock so far this month, including a new filings by three executives, according to a Reuters report--totalling more than 1 million shares or about 0.29 percent of Apple's 366 million diluted shares outstanding as of March 31.
Three executives on Monday announced plans to sell shares. CFO Fred Anderson in two instances registered to sell a total 259,000 shares worth $6.2 million, Executive Vice President of Worldwide Sales Timothy Cook in four instances, prepared to sell 342,500 shares worth $8.3 million, and Nancy Heinen, senior VP and general counsel, made two filings to sell a total 200,000 shares worth $4.8 million, and in one filing Sina Tamaddon, senior V{, applications filed to sell 250,000 shares worth $6.1 million.
Fresh-Faced Recruit
Joined: Jul 2001
Interesting
Interesting... They must have some kind of plan going on. Maybe Steve Jobs need more money to further the research on something?
BTW, how do I post as my username instead of "MacNN User"?