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Fortune

Eleanor Pringle

Apple CEO Tim Cook got a $41 million payday after massive stock sale, as the iPhone maker’s shares creep down from summer highs

Tim Cook Apple Sundar Pichai Mark Zuckerberg SEC Andy Jassy Alphabet Deirdre OBrien Fortune Meta

Apple CEO Tim Cook (Credit: hristoph Dernbach—picture alliance - Getty Images)

Tim Cook and other senior executives at Apple have recently cashed in tens of millions of dollars worth of the iPhone maker's stock, not long after the company's share price slipped from its summer highs.

According to an SEC filing viewed by Fortune, on Oct. 3 Apple CEO Cook sold 240,569 shares with a value of approximately $41.5 million.

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