Tim Cook awarded with restricted stock worth up to $114 millionTim Cook has received his first stock grant in over a decade.
What you need to know
Tim Cook received a restricted stock grant today, according to an SEC filing.
The Apple CEO received 667,974 restricted stock units that will vest through 2025.
Luca Maestri, Deirdre O'Brien, and Jeff Williams also received awards.
Reported by MacRumors, a new filing with the SEC revealed that Apple CEO Tim Cook has been awarded over 667,000 restricted stock units that are worth, according to today's stock price, over $76 million.
Apple CEO Tim Cook was this week awarded 667,974 restricted stock units or RSUs worth more than $76 million at Apple's current price, according to a filing with the SEC. The first half of the RSUs are set to vest in one-third increments in 2023, 2024, and 2025, so Cook will receive 111,329 shares every April starting in 2023.
According to the report, this is the first stock grant that Tim Cook has received from Apple since 2011. The last of that grant will complet...
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Tim Cook awarded with restricted stock worth up to $114 million
