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Scott Forstall sells 95% of his vested AAPL shares

30 pointsby frankiewarrenabout 13 years ago

4 comments

richardburtonabout 13 years ago
The title is link-bait at its worst. An honest title would read:<p>Scott Forstall sells 95% of his <i>vested</i> AAPL shares<p>With a subtitle:<p>... because he's in line to get 5x more shares in the future<p>He sold 64,151 shares but by 2016 he will have 250,000 restricted stock units that are vested.
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cmsjabout 13 years ago
if I had as many shares in the pipeline as he does, I think I'd be cashing out $40m to keep me going until my hundreds of millions kick in ;)
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xiaomaabout 13 years ago
While insider <i>buying</i> is a very strong and clear signal, insider selling happens regularly even at the most successful of companies. Just for reasons of diversification, it's reasonable even for extremely bullish founders or upper management to sell their shares. Buffet was an outlier in his multi-decade practice of keeping over 99% of his wealth in his company's stock.
jschuurabout 13 years ago
Uh oh. Does Scott know something about the price of the new Apple TV screen that we don't?
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