Tim Cook, Apple's CEO, is poised to collect about $120 million in stock this week after the iPhone maker's recent rally, according to Bloomberg.
Mr. Cook is set to gain 280,000 shares Aug. 24. The shares are tied to his continued presence as CEO. The payout will be Mr. Cook's fifth consecutive reward at the top end of the range, granted there is no major collapse this week.
Through market close Aug. 21, Apple returned 119 percent from Aug. 25, 2015, according to Bloomberg. This includes reinvested dividends. Apple outperformed more than 80 percent of the index's companies.
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