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Apple CEO Tim Cook sells stock worth $24 million

  • Apple CEO Tim Cook sold over $24 million worth of Apple stock this week.
  • The 108,136 shares Cook sold were part of a time-based stock award that vested on April 1st.
  • Cook regularly receives restricted stock units (RSUs) as bonus compensation, encouraging him to stay as Apple's CEO.
  • With Cook's RSUs vested, Apple may consider giving him another grant to retain him at the company.

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