Apple SVP Dan Riccio Sells Off $10.7M in Stock, Donates 1000 Shares to Charity

dan riccio

Apple’s senior vice president of Hardware Engineering, Dan Riccio has disposed of 20,726 shares of stock, according to SEC Form 4 filings. He sold off 19,726 shares worth a total of $10,713,452.33 dollars, at stock prices ranging from $526-$532 per share. Riccio also made a donation of 1000 shares to an unspecified charitable organization. At today’s stock price, that donation would be worth roughly $527,000.

dan riccio shares

According to Apple’s leadership website, Riccio “leads the Mac, iPhone, iPad and iPod engineering teams which have delivered dozens of breakthrough products”. He is the hardware chief that has made a significant contribution with the development of the iPad. 

Earlier this month, Apple’s SVP and General Counsel Bruce Sewell sold off $3 million dollars worth of stock.