Apple (NASDAQ: AAPL) GC nets shares after 30K RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apple Inc. senior vice president and general counsel Jennifer Newstead reported routine equity compensation activity involving restricted stock units (RSUs). On June 15, 2026, 30,104 RSUs vested and were settled into an equal number of Apple common shares.
To cover tax withholding on this vesting, 16,238 common shares were withheld by Apple at an indicated price of $296.42 per share, and no shares were sold in the market. After these transactions, Newstead directly holds 41,546 shares of common stock and 210,728 RSUs, which are scheduled to vest in tranches through 2029 under the original award terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
30,104 shares exercised/converted
Mixed
3 txns
Insider
Newstead Jennifer
Role
SVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 30,104 | $0.00 | -- |
| Exercise | Common Stock | 30,104 | $0.00 | -- |
| Tax Withholding | Common Stock | 16,238 | $296.42 | $4.81M |
Holdings After Transaction:
Restricted Stock Unit — 210,728 shares (Direct, null);
Common Stock — 57,784 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. No shares were sold. This award was granted on February 15, 2026. 20% of the total number of RSUs subject to the award vested on March 15, 2026, and 10% of the total number of RSUs subject to the award vested on June 15, 2026. 10% of the total number of RSUs subject to the award are scheduled to vest on each of 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 scheduled 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.
Key Figures
RSUs vested: 30,104 units
Shares withheld for taxes: 16,238 shares
Withholding price: $296.42 per share
+3 more
6 metrics
RSUs vested
30,104 units
RSUs settled into common stock on June 15, 2026
Shares withheld for taxes
16,238 shares
Withheld by Apple to satisfy tax obligations on vesting
Withholding price
$296.42 per share
Value used for tax-withholding disposition
Shares held after transactions
41,546 shares
Direct Apple common stock holdings following Form 4 activity
RSUs remaining
210,728 units
Apple RSUs outstanding after June 15, 2026 vesting
Net shares from vesting
13,866 shares
Vested 30,104 RSUs minus 16,238 shares withheld for taxes
Key Terms
Restricted Stock Unit, RSU, tax withholding requirements, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
RSU financial
"This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
tax withholding requirements financial
"Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting date financial
"This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date."
FAQ
What did Apple (AAPL) executive Jennifer Newstead report in this Form 4?
Jennifer Newstead reported routine equity compensation activity. 30,104 restricted stock units vested into common shares, and a portion of those shares was withheld by Apple to satisfy tax obligations associated with the vesting event.
How many Apple RSUs vested for Jennifer Newstead on June 15, 2026?
30,104 Apple restricted stock units vested for Jennifer Newstead on June 15, 2026. Each RSU converts into one share of common stock at settlement, reflecting part of her long-term compensation package.
How many Apple RSUs remain outstanding for Jennifer Newstead after the vesting?
Following this vesting event, Jennifer Newstead has 210,728 Apple RSUs outstanding. These units are scheduled to vest in multiple tranches between 2026 and 2029, subject to the terms of the underlying award agreement.