\n Text size<\/span> \n Apple Gore most recently acquired Apple stock (ticker: AAPL) on Jan. 27 when he used options to purchase 32,889 shares for $28.86 each, less than a 10th of the market value as of Friday\u2019s close at $309.51. Gore paid a total of $949,081 for Apple stock worth $10.2 million. He now owns 113,585 Apple shares, according to a form Gore filed with the Securities and Exchange Commission. Gore\u2019s stake is now valued at $35.2 million.<\/p>\n The options that Gore used were obtained from his service as an Apple director. He has served on the company\u2019s board since 2003, four years before the first iPhone launched. Gore\u2019s options were exercisable as of February 2010 and were set to expire this Feb. 25.<\/p>\n Gore, through a representative, declined to comment on his latest stock transactions.<\/p>\n Apple directors are no longer issued stock options. Instead, they now receive awards of restricted stock units, or RSUs, along with a cash retainer. As of the latest proxy, nonemployee directors receive a $100,000 retainer in cash and $250,000 in RSUs.<\/p>\n Apple stock surged 89% in 2019, triple the 28.9% rise in the Gore hasn\u2019t been selling into Apple stock\u2019s strength. In fact, he last sold Apple stock in February 2017, when he sold a total of 285,437 shares for $38.4 million, an average per-share price of $134.67 each.<\/p>\n Inside Scoop is a regular Barron\u2019s feature covering stock transactions by corporate executives and board members\u2014so-called insiders\u2014as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups<\/em>.<\/p>\n Write to<\/strong> Ed Lin<\/strong> at edward.lin@barrons.com and follow @BarronsEdLin<\/a>.<\/p>\n<\/p><\/div>\n<\/div>\n
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\n stock has rocketed as of late and former Vice President Al Gore\u2019s investment in the shares has soared into the tens of millions of dollars.<\/p>\n
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\n index. So far in 2020 it has gained 5.4%, compared with the flat performance by the index.<\/p>\n