The Mac Observer

Apple CFO Files To Sell Another 100,000 AAPL Shares, Four Insider Transactions In Two Weeks

TMO Talk (0)

Dow Jones reported on Friday that Apple CFO Fred Anderson has filed to sell another 100,000 shares of his Apple holdings. This marks the fourth incident of insider transactions from Appleis inner circle of executives during the last two weeks.

Mr. Anderson filed to sell 100,000 shares of AAPL for April 23rd, and Senior Vice President Nancy Heinen filed to sell 125,000 shares of her holdings for a sale on April 30th. Apple Executive Vice President, Worldwide Sales and Operations, Timothy Cook filed to sell 25,000 shares of Appleis stock on April 22nd. Mr. Andersonis second filing says that his own sale of stock was also to take place on April 30th. Executives of publicly held companies are required by the SEC to formally file their stock transactions involving stock from the company for whom they work. From the Dow Jones report:

Apple Computer Inc. (AAPL) Executive Vice President and Chief Financial Officer Fred D. Anderson has filed to sell 100,000 shares of the companyis common stock, according to a Form 144 released Friday by the Securities and Exchange Commission.

Anderson listed April 30 as the approximate date of sale for the shares, which he valued at $2.4 million.

The filing listed Charles Schwab & Co . as the broker for the sales.

In all of 2001, there were two sell transactions filed with the SEC. Gareth Chang sold 60,000 shares optioned for the purpose of selling on October 22nd, 2001. Mitch Mandich, ousted Vice President of Worldwide Sales (retirement announced in October of 2000), optioned and sold more than 245,000 shares in March of 2001.

Also during 2001 was a purchase of 50,000 by Arthur D. Levinson, a director on Appleis Board.

The last two weeks have seen two times the sell transactions as all of 2001. You can see all of Appleis insider transactions at Yahoo!is Web site. Appleis stock closed on Friday at 23.51, down 0.18 (-0.76%) on moderately light volume of 4,122,000 shares trading hands. Join in on the discussion of insider transactions in our Apple Finance Boards.

<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->

Post A Comment or Log-in. Need an account? Register here.
 

Recent Headlines - Updated February 14th

Mon, 10:30 PM
News - Apple to Live Stream Tim Cook’s Goldman Sachs Speech
8:14 PM
News - Chinese Authorities Seize Apple iPads in Trademark Dispute
6:26 PM
News - Apple Tops Harris Reputation Poll with Record Score
5:33 PM
Mac Geek Gab Podcast - MGG 381: Mac Internet Recovery, HTML on iPad, iDevice Syncing, More!
5:04 PM
Apple Stock Watch - Apple’s Stock Sets New Closing High of $502.60
1:50 PM
News - A Great 3-Minute Video Look at Macworld|iWorld 2012
12:41 PM
Deal Brothers - Mac mini 2.5GHz dual-core Intel Core i5:  $699
11:51 AM
Rumor - Pegatron Forced to Drop Zenbook Due to MacBook Air Similarities
11:00 AM
Apple Stock Watch - Apple’s Stock Breaks $500 Mark For First Time
10:20 AM
News - Apple Announces Foxconn Inspections
9:34 AM
iObserver - AT&T Begins Process Toward Offering Shared Data
9:15 AM
News - Apple Files Motion to Stop Galaxy Nexus Sales in U.S.
 

The Mac Observer Reader Specials

  • TypeStyler 11 is now in the Mac App Store!! -- Special Introductory Price of $59.95!! -- To Buy From The Mac App Store Click Here Now!! Or buy direct from Strider Software.
  • Mac RAM Upgrades: MacBook Pro 16GB kits $475, 8GB Kits for $119.99! iMac 16GB RAM Kits (4x 4GB) for $229.99! Mac Pro Memory 32GB Kit for $399.99, 64GB Kit for $889.99! Mac Hard Drives 2TB Seagate SATA II for $249.99! Click Here!
  • Poker Mac If you're using a Mac, then you've gotta check out Online Poker Mac. This mac poker and online casino mac site actually does the unthinkable, it actually rewards!

Apple Stock Quote (AAPL)

Loading...

Hot Topics

TMO Express

Join the TMO Express Daily Newsletter to get the latest Mac headlines in your e-mail every weekday. Find out more!

Top Deals From DealBrothers.com

Recent Features

Support The Mac Observer

We noticed you may be running AdBlock on your computer. It takes real money to run this site and to deliver the news, tips, and opinions you love to read.

If you wish to block the ads that pay for the creation of our content, we ask that you instead support TMO Directly, either with a $5 monthly recurring contribution, or a one-time donation of any amount of your choice. Thanks!

Subscribe with Paypal Donate with Paypal