Leading Apple executives sold $73 million in stock in October, reports the Mercury News.

The report reveals Apple executives to have sold $229 million in company shares so far this year.

Senior vice president of hardware engineering, Jonathan Rubinstein, exercised options to buy 500,000 shares for $17.31 each on October 1, selling those shares the same day for a gain of $10.7 million.

He's joined by general counsel Nancy Heinen who made $9.7 million; senior VP retail Ron Johnson, ($9.6 million); and senior VP software engineering Bertrand Serlet, ($1.3 million).

An Apple spokesman said: "It's great to see some members of our management team get rewarded for their incredibly hard work." Apple compensates its management team with stock options, in order that they can profit from succesful execution of plans.