Image via Andrey Bayda/Shutterstock

On Monday, Apple executives Bruce Sewell and Jeff Williams each sold $15 million worth of Apple stock, according to SEC filings.

Sewell, Apple’s general counsel and Senior Vice President of Legal and Government Affairs, sold 37,172 shares for his sum, while Williams, Apple’s Senior Vice President of Operations, sold 36,819. Share prices were roughly $399-405.

The sale was in accordance with SEC rule 10b5-1, which means Sewell and Williams notified the SEC of its plans in advance. Both executives still have thousands of shares remaining.

Neither executive has commented on the reasons for selling such a large chunk of stock. Do they foresee trouble with growth for AAPL?

Samantha Cortez

Samantha primarily writes for the business section at Wall Street Insanity. She has previously written forBusiness Insider, 20/20 magazine, Marie Claire, the NY Daily News and Parenting magazine. She is also a contributor for ReviewFix.com and OpenForum.com. Samantha admires and loves speaking to startup founders who have taken an idea from conception to execution. Her private obsession is perusing through travel blogs and guidebooks, and she hopes one day to visit all seven continents and write about her experiences.

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