Apple CFO Kevan Parekh sells 1,392 shares
The CFO's October 16 sales were made under a Rule 10b5-1 plan adopted November 21, 2025; 5,361 shares were withheld for vesting taxes.
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Rhea-AI Filing Summary
Apple Inc. Senior Vice President and CFO Kevan Parekh reported settlement of 10,926 restricted stock units into common shares on October 15, 2026, on their scheduled vesting date. Apple withheld 5,361 shares to satisfy tax withholding requirements.
On October 16, Parekh sold 1,392 common shares in five reported transactions. The reported weighted-average sale prices were $342.66, $343.68, $345.66, $346.47, and $347.46 per share. The sales were made under a Rule 10b5-1 trading plan adopted November 21, 2025.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3, F4 | 200 | $342.66 | $69K |
| Sale | Common Stock F3, F5 | 192 | $343.68 | $66K |
| Sale | Common Stock F3, F6 | 880 | $345.66 | $304K |
| Sale | Common Stock F3, F7 | 80 | $346.47 | $28K |
| Sale | Common Stock F3 | 40 | $347.46 | $14K |
| Exercise | Restricted Stock Unit F1, F8 | 5,816 | -- | -- |
| Exercise | Restricted Stock Unit F1, F9 | 5,110 | -- | -- |
| Exercise | Common Stock F1 | 10,926 | -- | -- |
| Tax Withholding | Common Stock F2 | 5,361 | $342.00 | $1.83M |
Footnotes (9)
- F1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
- F2. Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units.
- F3. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
- F4. This transaction was executed in multiple trades at prices ranging from $342.25 to $342.88; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F5. This transaction was executed in multiple trades at prices ranging from $343.37 to $344.17; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F6. This transaction was executed in multiple trades at prices ranging from $344.80 to $345.78; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F7. This transaction was executed in multiple trades at prices ranging from $346.28 to $346.66; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- F8. This award was granted on September 25, 2022. 12.5% of the award vested on April 15, 2023 and the remaining restricted stock units vested 12.5% in semi-annual installments over the four-year period ended October 15, 2026.
- F9. This award was granted on October 1, 2023. 12.5% of the award vested on April 15, 2024 and the remaining restricted stock units 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
Key Terms
restricted stock units financial
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
tax withholding requirements financial
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