Tuesday, November 29, 2022
News

Apple CFO Luca Maestri sells $16.9 million of Apple stock

Luca Maestri

Apple chief financial officer Luca Maestri has sold Apple shares for US$16.9 million on August 17, a Securities and Exchange Commission filing states. This isn’t an uncommon thing for execs of profitable companies to do.

One transaction was for 66,390 shares, sold for $174.66 each, while the other was 30,345 shares that was worth $175.60 apiece.

Maestri still holds around 110,000 shares of Apple stock following the sale, according to the SEC filing. He joined Apple in 2013 and is part of the company’s senior executive team, reporting directly to CEO Tim Cook.

Dennis Sellers
the authorDennis Sellers
Dennis Sellers is the editor/publisher of Apple World Today. He’s been an “Apple journalist” since 1995 (starting with the first big Apple news site, MacCentral). He loves to read, run, play sports, and watch movies.