Apple SVP settles RSUs, withholds shares for tax

Apple Inc. senior executive Jennifer Newstead reported routine equity compensation activity.

Rhea-AI Filing Summary

Apple Inc. senior executive Jennifer Newstead reported routine equity compensation activity. On March 15, 2026, 60,208 restricted stock units settled into an equal number of Apple common shares on their scheduled vesting date.

To cover tax withholding on this RSU vesting, 32,528 shares were withheld by Apple at a price of $250.12 per share, and no shares were sold on the market. Following these transactions, Newstead held 27,680 shares of Apple common stock directly from this award.

Insider Trade Summary

60,208 shares exercised/converted

Exercise 3 txns

Insider Newstead Jennifer

Role SVP, GC and Secretary

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	60,208	$0.00	$0.00
Exercise	Common Stock	60,208	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	32,528	$250.12	$8.14M

Holdings After Transaction: Restricted Stock Unit — 240,832 contracts (Direct); Common Stock — 27,680 shares (Direct)

Footnotes (3)

1. F1. 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.
2. F2. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
3. F3. This award was granted on February 15, 2026. 20% of the total number of RSUs subject to the award vested 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 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Apple (AAPL) executive Jennifer Newstead report?

Jennifer Newstead reported settlement of 60,208 restricted stock units into Apple common shares. The RSUs vested on March 15, 2026, as part of her equity compensation, reflecting a scheduled conversion rather than an open-market stock purchase.

Did Jennifer Newstead buy or sell Apple (AAPL) shares in the market?

She did not buy or sell shares in the open market. A total of 32,528 shares were withheld by Apple solely to satisfy tax obligations on RSU vesting, and the filing explicitly states that no shares were sold.

How many Apple (AAPL) shares did Jennifer Newstead receive after tax withholding?

From 60,208 vested RSUs, 32,528 shares were withheld for taxes, leaving 27,680 shares. The Form 4 shows she directly held 27,680 shares of Apple common stock following the tax-withholding transaction tied to this award.

What was the tax withholding price used for Jennifer Newstead’s Apple (AAPL) RSUs?

The tax-withholding disposition used a price of $250.12 per share. Apple withheld 32,528 shares at this price to satisfy tax requirements associated with the March 15, 2026 vesting of Jennifer Newstead’s restricted stock units.

Is Jennifer Newstead’s Apple (AAPL) Form 4 transaction part of a compensation plan?

Yes. The filing describes restricted stock units that vest according to a scheduled equity award. The March 15, 2026 activity reflects automatic settlement of RSUs and associated tax withholding under the terms of her compensation agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/17/2026 - 06:31 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Newstead Jennifer

(Last) (First) (Middle)

ONE APPLE PARK WAY

(Street)

CUPERTINO CA 95014

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Apple Inc. [ AAPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, GC and Secretary

3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/15/2026		M		60,208	A	(1)	60,208	D
Common Stock(2)	03/15/2026		F		32,528	D	$250.12	27,680	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	03/15/2026		M			60,208	(3)	(3)	Common Stock	60,208	(1)	240,832	D

Explanation of Responses:

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.

2. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.

3. This award was granted on February 15, 2026. 20% of the total number of RSUs subject to the award vested 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 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.

Remarks:

	/s/ Sam Whittington, Attorney-in-Fact for Jennifer Newstead	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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