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Apple CEO Cook Receives $4.25 Million as Stock Trails S&P 500

Apple Inc. Chief Executive Officer Tim Cook received compensation valued at $4.25 million this year, a 1.9 percent increase over 2012, even as the iPhone maker’s stock gains lagged the Standard & Poor’s 500 Index.

The package includes a salary of $1.4 million and $2.8 million in non-equity incentive plan compensation for the fiscal year that ended in September, the Cupertino, California-based company said in a filing yesterday with the U.S. Securities and Exchange Commission.