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Apple SVP Jennifer Newstead sells $447,457 in common stock

Apple SVP Jennifer Newstead sells $447,457 in common stock

On August 25, 2026, Apple SVP Jennifer Newstead, Senior Vice President, General Counsel, and Secretary at Apple Inc., sold 1,439 shares of the company's common stock. The shares were sold at a price of $310.95 per share, resulting in a total sale value of $447,457. This transaction was carried out in accordance with a Rule 10b5-1 trading plan that Newstead adopted on May 5, 2026.

After the sale, Newstead owned 37,229 shares of Apple common stock directly. The current trading price of Apple shares is $314.54, placing the company's market capitalization at $4.57 trillion. Analysts have noted that Apple's stock appears to be overvalued, as it is among the most overvalued stocks tracked by InvestingPro, with a P/E ratio of 36.04 indicating a premium valuation for leading technology firms.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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