Apple has given newly-appointed chief executive Tim Cook the equivalent of just under $384 million in stock, locking him up throughout 2021.

Cook’s deal was revealed in an SEC filing released on Friday.  Cook will serve both as chief executive with a member of Apple’s board.

Particularly, Apple granted Cook 1 million limited stock units.  Near $383.58, the cash price of Cook’s compensation would be over $383 million.  Cook by now received a salary last year of $800,000 plus a bonus of $900,000 for serving as Apple’s chief operating officer.

Half of . . . → Read More: Tim Cook Receives $383.6 Million in Stock from Apple