Apple’s senior vice president of retail operations, Ron Johnson has very recently exercised options and then sold 700,000 shares worth around $130 million.

According to files made at the Securities and Exchange Commission the retail chief exercised the 700,000 options at $23.72 apiece on Friday, October 26 and then turned around sold the shares on the open market from $185 to $185.21 each.

Just over 606,000 of the shares which were acquired under Apple’s 1997 Employee Stock Option Plan were sold for $185, the remaining were sold at various intervals with Apple’s share price ranging from $185.01 to $185.21.

Johnson’s estimated net profit on the options is approximately $113 million before taxes.