Mr. Levoff was responsible for ensuring compliance with Apple’s insider trading rules, including sending emails to individuals who were subject to trading restrictions around Apple’s quarterly earnings announcements. said Mr. Levoff also engaged in insider trading on three other occasions from 2011 to 2012. He then bought thousands of shares of Apple stock before the public announcement. He made approximately $245,000 in profits on those insider trading transactions. Before those transactions, Mr. Levoff sent emails to company employees alerting them that a blackout period was starting and that they were prohibited from trading Apple securities.

Source: New York Times February 13, 2019 19:56 UTC