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Apple awards CFO two stock grants of 47,645 units each

The CFO's time-based units are scheduled to vest through October 2030, while the performance-based award may vest from 0% to 200% of target.

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Form Type
4

Rhea-AI Filing Summary

Apple Inc. reported two direct restricted stock unit awards to Senior Vice President, CFO Kevan Parekh on September 27, 2026, each covering 47,645 RSUs. The time-based award is scheduled to vest 12.5% on April 15, 2027, with the remaining RSUs scheduled to vest in 12.5% semi-annual installments over four years ending October 15, 2030, subject to its award agreement. The performance-based award has a target of 47,645 RSUs and is scheduled to vest October 1, 2029; between 0% and 200% of target may vest based on Apple's relative total shareholder return from the first day of fiscal 2027 through the last day of fiscal 2029, subject to its award agreement.

Insider Parekh Kevan
Role Senior Vice President, CFO
Type Security Shares Price Value
Grant/Award Restricted Stock Unit F1, F2 47,645 $0.00 $0.00
Grant/Award Restricted Stock Unit F1, F3 47,645 $0.00 $0.00
Holdings After Transaction: Restricted Stock Unit — 95,290 contracts (Direct)
Footnotes (3)
  1. F1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
  2. F2. These RSUs are scheduled to vest as to 12.5% of the units on April 15, 2027 and the remaining RSUs are scheduled to vest 12.5% in semi-annual installments over a four-year period ending October 15, 2030, subject to the terms and conditions of the underlying award agreement.
  3. F3. These performance-based RSUs are scheduled to vest on October 1, 2029, subject to the terms and conditions of the underlying award agreement. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest based on Apple's relative total shareholder return from the first day of Apple's fiscal year 2027 and ending with the last day of Apple's fiscal year 2029.
Time-based RSUs 47,645 RSUs Direct award reported September 27, 2026
Performance-based RSUs 47,645 RSUs at target Scheduled to vest October 1, 2029
Scheduled vesting installments 12.5% Time-based award
Performance-based vesting range 0% to 200% of target RSUs Based on Apple's relative total shareholder return
restricted stock unit financial
"Each restricted stock unit ("RSU") represents the right to receive, at settlement"
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.
performance-based RSUs financial
"These performance-based RSUs are scheduled to vest on October 1, 2029"
Performance-based restricted stock units (RSUs) are promises to deliver company shares to employees only if the business meets specific goals, such as revenue, profit, stock-price targets, or strategic milestones. For investors, they matter because they change future share supply and align management incentives with company results—like a salesperson whose bonus only pays out when sales targets are hit—so they can affect earnings, dilution, and confidence in leadership.
relative total shareholder return financial
"based on Apple's relative total shareholder return from the first day of Apple's fiscal year 2027"
Relative total shareholder return measures how much an investor’s gain from a company — including stock price changes and dividends — beats or lags a chosen benchmark or peer group over a set time. Think of it as a race: it shows whether the company outpaced rivals or the market, which helps investors and boards judge performance, compare returns fairly, and link results to pay or investment decisions.
semi-annual installments financial
"remaining RSUs are scheduled to vest 12.5% in semi-annual installments"

FAQ

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How many RSUs did AAPL award its CFO?

Apple reported two direct RSU awards to Senior Vice President, CFO Kevan Parekh, each covering 47,645 RSUs.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President, CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit(1)09/27/2026A47,645 (2) (2)Common Stock47,645$047,645D
Restricted Stock Unit(1)09/27/2026A47,645 (3) (3)Common Stock47,645$047,645D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
2. These RSUs are scheduled to vest as to 12.5% of the units on April 15, 2027 and the remaining RSUs are scheduled to vest 12.5% in semi-annual installments over a four-year period ending October 15, 2030, subject to the terms and conditions of the underlying award agreement.
3. These performance-based RSUs are scheduled to vest on October 1, 2029, subject to the terms and conditions of the underlying award agreement. The "target" number of restricted stock units is reported. Between 0% and 200% of the target number of units may vest based on Apple's relative total shareholder return from the first day of Apple's fiscal year 2027 and ending with the last day of Apple's fiscal year 2029.
/s/ Sam Whittington, Attorney-in-Fact for Kevan Parekh09/29/2026
** Signature of Reporting PersonDate
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)

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