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Fri, 25 Nov 2005 Apple execs continue share sell-off

Macworld staff

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November has seen continuing activity as Apple executives choose to sell their shares.

Apple’s current record stock price makes the chance too good to miss.

Apple staff are granted share options as part of their compensation package. The present sell-off shows executives benefiting from their own success.

According to Nasdaq’s insider trading list, Apple executives selling shares this month include senior vice president Avie Tevanian, senior vice president Nancy Heinen and senior vice president Ron Johnson.

Tevanian has traded close to one million Apple shares, Heinen 225,000 and Johnson 400,000.

Last month, chief financial officer Peter Oppenheimer sold $20 million of his shares.

Also last month Apple senior vice presidents Avie Tevanian and Bertrand Serlet and Apple director, former chief financial officer, Fred Anderson all sold significant quantities of shares.

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