In a filing with the 'Securities and Exchange Commission' (SEC), Apple has revealed that CEO Tim Cook, has donated 50.000 shares from Apple to clarity this week. At the current share price, it is just over $ 130 per share, this number of shares is equivalent to approximately $ 6,5 millones. We have seen over the years, initiatives by Apple and Tim Cook, such as where Apple activated donations for those affected by the terrible earthquake in Nepal.
Apple Lossless Audio CODEC (ALAC), did not reveal to which charities he donated these shares. In the presentation it was noted that Tim Cook has not sold the shares for his benefit, but kept them for charitable donations. Also the Senior Vice President of Hardware Engineering Dan riccio from Apple, sold 24.085 shares this week, which equates to approximately $ 3.1 million in today's stock price.
Since he became CEO in 2011, Cook has promoted charity as a key part of the mission Apple, even as we can see in this news, Tim Cook donate $ 800 million before he dies, Tim Cook has put it in his will. Upon taking over, Cook started an employee charity program. Cook has also held several lunches for the charity on the Apple campus during these years and he has vowed to give all his money to charity for the rest of his life, as we have said above.
Apple also facilitated the employees, in favor of a conditions with them, so that they can help their communities. What there is no doubt, is that they do it a better and admirable person, the people of Wall Street must hate it, if everyone gave a little of the amount of money they have, the world would change.