Apple Inc. (NASDAQ: AAPL) CEO Tim Cook received more than five million shares in the technology giant this week as part of a compensation package but sold most of the stock immediately for more than $750 million. What Happened: Cook received 5.04 million shares on Tuesday as the final part of a compensation package that he was awarded after he took over as CEO of Apple in 2011, according to a regulatory filing from Thursday.
Apple CEO Tim Cook Gets $750M In Shares From iPhone Maker And Cashes Them Out Almost Immediately