Apple (NASDAQ: AAPL) accounting officer sells shares after RSU vesting

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Apple Inc. Principal Accounting Officer Ben Borders reported an exercise-and-sell transaction involving Apple common stock and RSUs. On June 15, 2026, 240 restricted stock units converted into 240 shares of common stock on their scheduled vesting date. Apple withheld 124 of these shares to satisfy tax withholding requirements, leaving 116 net shares from the vesting event.

On June 16, 2026, Borders executed an open-market sale of 116 shares of common stock at $295.14 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on February 6, 2026. Following these transactions, he directly holds 38,713 shares of Apple common stock and 1,676 RSUs that continue to vest under the original award schedule.

Insider Trade Summary 10b5-1

Net Seller: 116 shares ($34,236)

Net Sell 4 txns

Insider Borders Ben

Role Principal Accounting Officer

Sold 116 shs ($34K)

Type	Security	Shares	Price	Value
Sale	Common Stock	116	$295.14	$34K
Exercise	Restricted Stock Unit	240	$0.00	--
Exercise	Common Stock	240	$0.00	--
Tax Withholding	Common Stock	124	$296.42	$37K

Holdings After Transaction: Common Stock — 38,713 shares (Direct, null); Restricted Stock Unit — 1,676 shares (Direct, null)

Footnotes (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. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 6, 2026. This restricted stock unit award was granted December 15, 2025, and vests in equal installments on a semi-annual basis over a four year period ending December 15, 2029, subject to the terms and conditions of the underlying award agreement.

Key Figures

Open-market sale: 116 shares at $295.14 RSUs vested: 240 RSUs Shares withheld for taxes: 124 shares +2 more

5 metrics

Open-market sale 116 shares at $295.14 Common stock sale on June 16, 2026

RSUs vested 240 RSUs Converted to common stock on June 15, 2026

Shares withheld for taxes 124 shares Tax withholding on RSU vesting

Shares held after transactions 38,713 shares Direct common stock holdings post-transaction

RSUs remaining 1,676 RSUs Restricted stock units outstanding after vesting event

Key Terms

Restricted Stock Unit, Rule 10b5-1 trading plan, tax withholding requirements, derivative security

4 terms

Restricted Stock Unit financial

"Each restricted stock unit ("RSU") 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.

Rule 10b5-1 trading plan regulatory

"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 6, 2026."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

tax withholding requirements financial

"Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs."

derivative security financial

"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.

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 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^*

Borders Ben

(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)
	Principal Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

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	06/15/2026		M		240	A	⁽¹⁾	38,953	D
Common Stock⁽²⁾	06/15/2026		F		124	D	$296.42	38,829	D
Common Stock⁽³⁾	06/16/2026		S		116	D	$295.14	38,713	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⁾	06/15/2026		M			240	⁽⁴⁾	⁽⁴⁾	Common Stock	240	⁽¹⁾	1,676	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.

3. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 6, 2026.

4. This restricted stock unit award was granted December 15, 2025, and vests in equal installments on a semi-annual basis over a four year period ending December 15, 2029, subject to the terms and conditions of the underlying award agreement.

	/s/ Sam Whittington, Attorney-in-Fact for Ben Borders	06/17/2026
	** 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 insider transactions did Apple (AAPL) officer Ben Borders report?

Ben Borders reported RSU vesting and an associated stock sale. 240 RSUs vested into 240 Apple common shares, 124 shares were withheld for taxes, and 116 shares were sold in the open market, while substantial holdings in stock and RSUs remain.

How many Apple (AAPL) shares did Ben Borders sell and at what price?

Ben Borders sold 116 Apple common shares in an open-market transaction at a price of $295.14 per share. This sale followed RSU vesting and represents a relatively small trade compared with his remaining Apple share and RSU holdings.

Were Ben Borders’ Apple (AAPL) stock sales under a Rule 10b5-1 plan?

Yes. The filing states the stock sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ben Borders on February 6, 2026. Such pre-arranged plans typically automate trades and can reduce the significance of transaction timing.

How many Apple (AAPL) shares does Ben Borders hold after these transactions?

After the reported transactions, Ben Borders directly holds 38,713 shares of Apple common stock. He also holds 1,676 restricted stock units, which represent additional potential shares that vest over time according to the original award schedule.

What happened to the RSUs in Ben Borders’ Apple (AAPL) Form 4 filing?

The filing shows 240 restricted stock units converted into 240 Apple common shares on their scheduled vesting date. Of these, 124 shares were withheld by Apple to satisfy tax obligations, leaving 116 net vested shares that were later sold.