News, info, and opinion by Mac users, for Mac users.

March 27, 2008

money

Cook and Oppenheimer are in the money

Posted Mar. 27, ’08, 1:24 PM PT by Dan Moren
Category | Money

BriefcaseExecutive stock transactions are not usually our cup of tea around these parts, but as it’s been a slow week in Macland, we thought maybe you’d be interested. Or not. We could talk about something else, really. Anything you want. Say, did you see Lost last week? Yeah, I mean, holy crap, right? And the part where…? I know! Crazy. What will they think of next?

Oh, right. Stock transactions. Well, according to the folks over at MarketWatch, Chief Operating Officer Tim Cook sold off 300,000 shares of his Apple stock this week, netting him a pretty slick $41 million. Man. I wish I had 300,000 shares of Apple stock. Or $41 million. Whichever.

Timmy C. wasn’t the only one doing a little of the old trading this week; Chief Financial Officer Peter Oppenheimer also sold off some of his stock to the tune of $19 million. Both transactions were part of pre-arranged trading plans, or so say the SEC filings. I’ll take MarketWatch’s word for it.

So, Lost, yeah? Do you think we’ll ever find out what happened to the…


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