Apple's Ben Borders sells 1,280 shares on October 16
Scheduled RSU vesting settled into common shares, while Apple withheld shares to satisfy tax withholding requirements.
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Rhea-AI Filing Summary
Apple Inc. Principal Accounting Officer Ben Borders reported five sales of 1,280 common shares on October 16, 2026, at reported prices of $343.08, $344.18, $345.74, $346.22 and $347.43 per share. The first three prices were weighted averages for multiple trades. The sales were made under a Rule 10b5-1 trading plan adopted February 6, 2026. On October 15, 2026, 1,714 common shares were acquired through scheduled RSU settlements; Apple withheld 883 shares for tax withholding.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F4, F5 | 151 | $343.08 | $52K |
| Sale | Common Stock F4, F6 | 80 | $344.18 | $28K |
| Sale | Common Stock F4, F7 | 969 | $345.74 | $335K |
| Sale | Common Stock F4 | 40 | $346.22 | $14K |
| Sale | Common Stock F4 | 40 | $347.43 | $14K |
| Exercise | Restricted Stock Unit F1, F8 | 540 | -- | -- |
| Exercise | Restricted Stock Unit F1, F9 | 474 | -- | -- |
| Exercise | Restricted Stock Unit F1, F10 | 370 | -- | -- |
| Exercise | Restricted Stock Unit F1, F11 | 330 | -- | -- |
| Exercise | Common Stock F1, F2 | 1,714 | -- | -- |
| Tax Withholding | Common Stock F3 | 883 | $342.00 | $302K |
Footnotes (11)
- 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.
- F2. The number of securities reported reflects the acquisition on July 31, 2026 of 24 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of February 2, 2026 through July 31, 2026.
- F3. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs.
- F4. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 6, 2026.
- F5. This transaction was executed in multiple trades at prices ranging from $342.69 to $343.49; 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 $344.09 to $344.26; 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 $345.12 to $346.00; 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 RSUs 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 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.
- F10. This award was granted September 29, 2024. 12.5% of the award vested on April 15, 2025 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2028, subject to the terms and conditions of the underlying award agreement.
- F11. This award was granted September 28, 2025. 12.5% of the award vested on April 15, 2026 and the remaining RSUs vest 12.5% in semi-annual installments over the four-year period ending October 15, 2029, subject to the terms and conditions of the underlying award agreement.
Key Figures
Key Terms
restricted stock unit financial
Rule 10b5-1 trading plan regulatory
Employee Stock Purchase Plan financial
FAQ
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What happened to Ben Borders' AAPL RSUs on October 15, 2026?
When do Ben Borders' AAPL restricted stock awards vest?
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