Two Apple Executives Sold $15 Million Worth Of Stock

Two Apple executives, Bruce Sewell and Jeff Williams, have each sold $15 million worth of Apple stock, according to SEC filings, via MacRumors.

Sewell, who is an SVP, and general counsel, sold 37,172 shares on Monday. Williams, who is also an SVP, leading operations, sold 36,819 shares on Monday. For both, the share price was around $399-$405. 

These share sales were part of SEC rule 10b5-1, which means you tell the SEC in advance you're going to sell shares. 

Update: Lots of people wrote in to note that these guys got 75,000 in shares overall. And that they could be selling to cover taxes.