Apple (AAPL) accounting chief sells 1,274 shares in Rule 10b5-1 plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apple Inc. Principal Accounting Officer Ben Borders reported an open-market sale of Apple common stock. On May 8, 2026, he sold 1,274 shares at $290.00 per share in a single transaction. After this sale, he continued to hold 38,713 shares directly.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Borders, indicating the sale was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,274 shares ($369,460)
Net Sell
1 txn
Insider
Borders Ben
Role
Principal Accounting Officer
Sold
1,274 shs ($369K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,274 | $290.00 | $369K |
Holdings After Transaction:
Common Stock — 38,713 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,274 shares
Sale price per share: $290.00 per share
Shares held after sale: 38,713 shares
+2 more
5 metrics
Shares sold
1,274 shares
Open-market sale of Apple common stock on May 8, 2026
Sale price per share
$290.00 per share
Price for the 1,274 Apple shares sold
Shares held after sale
38,713 shares
Direct Apple holdings following the transaction
Net shares sold
1,274 shares
Net sell shares from transaction summary
Transaction date
May 8, 2026
Date of the reported open-market sale
Key Terms
Form 4, Rule 10b5-1 trading plan, open-market sale, Principal Accounting Officer
4 terms
Form 4 regulatory
"This single open-market transaction was reported in a Form 4 and executed under a pre-arranged Rule 10b5-1 trading plan."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 10b5-1 trading plan regulatory
"The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted by Borders."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"he sold 1,274 shares at $290.00 per share in a single transaction, characterized as an open-market sale."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Principal Accounting Officer financial
"Apple Inc. Principal Accounting Officer Ben Borders reported an open-market sale of Apple common stock."
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What insider transaction did AAPL Principal Accounting Officer Ben Borders report?
Ben Borders reported an open-market sale of Apple common stock. He sold 1,274 shares on May 8, 2026 at $290.00 per share, as disclosed in a Form 4 insider trading report.
Was Ben Borders’ Apple (AAPL) stock sale made under a Rule 10b5-1 plan?
Yes, the Form 4 states the transaction was made under a Rule 10b5-1 trading plan. Such plans pre-schedule trades, indicating the timing of this 1,274-share sale was arranged in advance.
What role does Ben Borders hold at Apple (AAPL) in this Form 4 filing?
In this Form 4, Ben Borders is identified as an officer of Apple, serving as Principal Accounting Officer. The reported 1,274-share open-market sale involves his directly owned Apple common stock.