Apple SVP Jennifer Newstead reports RSU holdings
Apple Inc. executive Jennifer Newstead, SVP, General Counsel and Secretary, filed an initial Form 3 reporting her holdings of Apple restricted stock units (RSUs).
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Rhea-AI Filing Summary
Apple Inc. executive Jennifer Newstead, SVP, General Counsel and Secretary, filed an initial Form 3 reporting her holdings of Apple restricted stock units (RSUs). The filing lists two RSU awards, each representing the right to receive one share of Apple common stock at settlement.
One RSU award was granted on February 15, 2026 and vests in multiple tranches from March 15, 2026 through December 15, 2029, subject to the underlying award agreement. A separate performance-based RSU award, also granted on February 15, 2026, is scheduled to vest on October 1, 2028, with 0% to 200% of the target units vesting based on Apple’s relative total shareholder return over its fiscal years 2026–2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (3)
- F1. This RSU award was granted February 15, 2026. 20% of the total number of RSUs subject to the award are scheduled to vest on March 15, 2026; 10% of the total number of RSUs subject to the award are scheduled to vest on each of June 15, September 15 and December 15, 2026; 8.75% of the total number of RSUs subject to the award are scheduled to vest on each of March 15, June 15, September 15 and December 15, 2027; 2.5% of the total number of RSUs subject to the award are scheduleds to vest on each of March 15, June 15, September 15 and December 15, 2028; and 1.25% of the total number of RSUs subject to the award are scheduled to vest on each of March 15, June 15, September 15 and December 15, 2029, subject to the terms and conditions of the underlying award agreement.
- F2. Each RSU represents the right to receive, at settlement, one share of Apple Inc.'s ("Apple's") common stock.
- F3. This performance-based RSU award was granted February 15, 2026, and is scheduled to vest on October 1, 2028, subject to the terms and conditions of the underlying award agreement. The "target" number of RSUs is reported. Between 0% and 200% of the target number of units may vest based on Apple's relative total shareholder return from the first day of Apple's fiscal year 2026 and ending with the last day of Apple's fiscal year 2028.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Apple (AAPL) disclose about Jennifer Newstead in this Form 3?
What RSU awards for Jennifer Newstead are reported by Apple (AAPL)?
When were Jennifer Newstead’s Apple (AAPL) RSU awards granted and when do they vest?
How is the performance-based RSU award for Apple (AAPL) executive Jennifer Newstead structured?
What does each restricted stock unit represent in Jennifer Newstead’s Apple (AAPL) awards?
Does Apple’s (AAPL) Form 3 for Jennifer Newstead show any stock purchases or sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.