Apple CEO Tim Cook — who is making $49 million in salary this year — cashed in $41 million in stock as the iPhone maker’s stock slips from recent highs, according to a Securities and Exchange Commission filing.
Cook sold roughly 241,000 shares with about another 270,000 being withheld for tax purposes, the Tuesday filing revealed.
He still owns about 3.28 million shares of the Cupertino, Calif.-based tech behemoth to remain among Apple’s top individual shareholders alongside billionaire board member Arthur Levinson and the company’s COO Jeff Williams, according to Bloomberg.
Another SEC filing on Tuesday revealed that fellow Apple executive Deirdre O’Brien and Katherine Adams — Apple’s senior vice president of retail and general counsel, respectively — each sold $11.3 million worth of company shares.
Representatives for Apple did not immediately respond to The Post’s request for comment.
Cook’s selloff came after he agreed to take home a cool $49 million annual salary for 2023 — 40% less than the year prior — in an agreement that also upped the percentage of stock units awarded to the exec from 50% to 75%.
In 2022 and 2021, Cook took home pay packages just below $100 million, including base salary, stock awards and a bonus.
O’Brien and Adams, meanwhile, reportedly each received a $27.1 million salary last year.
Apple became the first company to surpass a market cap of $3 trillion mark last summer when shares soared to $193.97 on June 30.
However, its share price has slipped more than 10% since hitting the milestone amid concerns about a clampdown on iPhones in China.
It was up 2% on Wednesday, trading at $172.95.
Apple’s current market cap is $2.7 trillion, topping the No. 2 highest-valued company, rival Microsoft, by $400 billion.
Last month, Apple told its retail workers that their annual pay raises would be slashed, rising only around 4% — a far cry from the 8% to 10% wage bumps that Apple handed out last year as inflation soared.
Apple Store employees can now expect to draw a salary between $22 and $30 per hour, while staffers at AppleCare, the tech support division, earn slightly more.
The move was reportedly in response to Apple’s earnings sagging in recent quarters over declining demand for its iPhones.
The company rolled out its highly-anticipated iPhone 15 last month during a splashy event at the Steve Jobs Theater where Cook boasted about its brighter screen and higher-quality camera.
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