May 2, 2024

Apple SVP Phil Schiller Sells $18.6 Million in Apple Stock, SVP Dan Riccio Sells $1.9 Million

Posted August 17, 2013 at 3:19am by iClarified · 28912 views
Apple SVP Phil Schiller sold nearly $18.6 million in company stock this week and SVP Dan Riccio sold nearly $1.9 million, reports AppleInsider. Both sold their shares on Wednesday, according to a filing with the SEC.

The SEC filings note Apple SVP of Worldwide Marketing Schiller executed a trade on Wednesday worth $18.59 million, while SVP of Hardware Engineering Riccio let go of $1.88 million in AAPL stock that same day. Schiller sold 37,172 common stock shares at a price of $500. Riccio disposed of 3,754 shares in a total of 11 trades ranging in price from $498 to $502, each reflecting the weighted average sale price.

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