Apple (AAPL) CFO Parekh receives RSU shares, some withheld for tax

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Apple Inc. Senior Vice President and CFO Kevan Parekh reported routine equity compensation activity. On April 15, 2026, restricted stock units converted into a total of 10,928 shares of Apple common stock as scheduled vesting installments from prior RSU awards.

From these vested shares, 4,793 shares were withheld by Apple at $266.43 per share to satisfy tax withholding obligations, and the filing specifies that no shares were sold. After these transactions, Parekh directly held 14,900 shares of Apple common stock. The footnotes explain that the RSU awards, granted in September 2022 and October 2023, vest in 12.5% semi-annual installments through October 2026 and October 2027, respectively.

Insider Trade Summary

10,928 shares exercised/converted

Mixed 4 txns

Insider Parekh Kevan

Role Senior Vice President, CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	5,817	$0.00	--
Exercise	Restricted Stock Unit	5,111	$0.00	--
Exercise	Common Stock	10,928	$0.00	--
Tax Withholding	Common Stock	4,793	$266.43	$1.28M

Holdings After Transaction: Restricted Stock Unit — 5,816 shares (Direct); Common Stock — 19,693 shares (Direct)

Footnotes (1)

Each restricted stock unit ("RSUs") 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 restricted stock units. No shares were sold. This award was granted on September 25, 2022. 12.5% of the award vested on April 15, 2023 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2026, subject to the terms and conditions of the underlying award agreement. This award was granted on October 1, 2023. 12.5% of the award vested on April 15, 2024 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2027, subject to the terms and conditions of the underlying award agreement.

Key Figures

RSUs converted (award 1): 5,817 shares RSUs converted (award 2): 5,111 shares Total RSU-related shares vested: 10,928 shares +5 more

8 metrics

RSUs converted (award 1) 5,817 shares RSU settlement into common stock on April 15, 2026

RSUs converted (award 2) 5,111 shares RSU settlement into common stock on April 15, 2026

Total RSU-related shares vested 10,928 shares ExerciseShares in transaction summary

Shares withheld for taxes 4,793 shares Tax withholding on RSU vesting

Tax withholding price $266.43 per share Price used for tax-withholding disposition

Shares held after transactions 14,900 shares Direct Apple common stock ownership after April 15, 2026

Exercise transactions 2 exercises, 10,928 shares Derivative exercises of RSUs into common stock

Tax withholding transactions 1 transaction, 4,793 shares F-code disposition to satisfy tax obligations

Key Terms

Restricted Stock Unit, tax withholding requirements, vesting, semi-annual installments, +1 more

5 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSUs") 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.

tax withholding requirements financial

"Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units."

vesting financial

"This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

semi-annual installments financial

"the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2026"

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.

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 06:30 PM

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^*

Parekh Kevan

(Last)

(First)

(Middle)

ONE APPLE PARK WAY

(Street)

CUPERTINO

CALIFORNIA

95014

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)
	Senior Vice President, CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/15/2026		M		10,928	A	⁽¹⁾	19,693	D
Common Stock⁽²⁾	04/15/2026		F		4,793	D	$266.43	14,900	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Unit	⁽¹⁾	04/15/2026		M			5,817	⁽³⁾	⁽³⁾	Common Stock	5,817	⁽¹⁾	5,816	D
Restricted Stock Unit	⁽¹⁾	04/15/2026		M			5,111	⁽⁴⁾	⁽⁴⁾	Common Stock	5,111	⁽¹⁾	15,331	D

Explanation of Responses:

1. Each restricted stock unit ("RSUs") 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 restricted stock units. No shares were sold.

3. This award was granted on September 25, 2022. 12.5% of the award vested on April 15, 2023 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2026, subject to the terms and conditions of the underlying award agreement.

4. This award was granted on October 1, 2023. 12.5% of the award vested on April 15, 2024 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2027, subject to the terms and conditions of the underlying award agreement.

	/s/ Sam Whittington, Attorney-in-Fact for Kevan Parekh	04/17/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Apple (AAPL) CFO Kevan Parekh report in this Form 4 filing?

Kevan Parekh reported routine equity compensation activity, where restricted stock units vested into 10,928 Apple common shares. A portion of these shares was withheld to cover taxes, and his direct holdings increased to 14,900 shares after the transactions.

How many Apple (AAPL) shares vested for Kevan Parekh on April 15, 2026?

On April 15, 2026, RSU awards for Kevan Parekh vested into a total of 10,928 shares of Apple common stock. These came from two RSU awards that converted into 5,817 and 5,111 underlying shares as part of their scheduled vesting.

Were any Apple (AAPL) shares sold in Kevan Parekh’s reported transactions?

No shares were sold in these transactions. The filing notes that 4,793 shares were withheld by Apple solely to satisfy tax withholding requirements on RSU vesting, and explicitly states that no shares were sold in the market.

How many Apple (AAPL) shares did Kevan Parekh hold after these Form 4 transactions?

Following the reported transactions, Kevan Parekh directly held 14,900 shares of Apple common stock. This figure reflects RSU vesting into common stock and the subsequent withholding of 4,793 shares to cover tax obligations associated with the vesting.

What are the vesting schedules of Kevan Parekh’s Apple (AAPL) RSU awards mentioned here?

One RSU award granted September 25, 2022 vests 12.5% on April 15, 2023, then 12.5% in semi-annual installments through October 15, 2026. Another, granted October 1, 2023, follows the same 12.5% semi-annual pattern through October 15, 2027.