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Apple (NASDAQ: AAPL) accounting chief reports RSU vesting and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Apple Inc. Principal Accounting Officer Ben Borders reported routine equity compensation activity. On April 15, 2026, previously granted restricted stock units (RSUs) vested and were settled into 1,717 shares of Apple common stock, consistent with the award terms described in the footnotes.

To cover tax obligations on this vesting, 892 shares of common stock were withheld by Apple at $266.43 per share, and no shares were sold on the market. After these transactions, Borders directly owns 39,987 shares of Apple common stock, reflecting a standard grant-vesting-and-tax-withholding pattern rather than open-market trading.

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Insider Borders Ben
Role Principal Accounting Officer
Type Security Shares Price Value
Exercise Restricted Stock Unit 540 $0.00 --
Exercise Restricted Stock Unit 475 $0.00 --
Exercise Restricted Stock Unit 371 $0.00 --
Exercise Restricted Stock Unit 331 $0.00 --
Exercise Common Stock 1,717 $0.00 --
Tax Withholding Common Stock 892 $266.43 $238K
Holdings After Transaction: Restricted Stock Unit — 540 shares (Direct); Common Stock — 40,879 shares (Direct)
Footnotes (1)
  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. The number of securities reported reflects the acquisition on January 30, 2026 of 32 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2025 through January 30, 2026. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. 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. 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. 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.
RSU shares vested 1,717 shares Common stock from RSU settlement on April 15, 2026
Shares withheld for taxes 892 shares Tax withholding on RSU vesting at $266.43 per share
Tax withholding price $266.43 per share Value used for shares withheld to satisfy tax obligations
Post-transaction holdings 39,987 shares Ben Borders’ direct Apple common stock holdings after transactions
ESPP shares acquired 32 shares Common stock acquired January 30, 2026 under Apple ESPP
Derivative exercises 4 transactions RSU settlements classified as derivative exercises (code M)
Restricted Stock Unit financial
"Each restricted stock unit ("RSU") represents the right to receive..."
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.
Employee Stock Purchase Plan financial
"pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP")..."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding requirements financial
"Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs."
semi-annual installments financial
"the remaining RSUs vest 12.5% in semi-annual installments over the four-year period..."
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*
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Principal Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
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
Common Stock04/15/2026M1,717A(1)40,879(2)D
Common Stock(3)04/15/2026F892D$266.4339,987D
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)04/15/2026M540 (4) (4)Common Stock540(1)540D
Restricted Stock Unit(1)04/15/2026M475 (5) (5)Common Stock475(1)1,423D
Restricted Stock Unit(1)04/15/2026M371 (6) (6)Common Stock371(1)1,852D
Restricted Stock Unit(1)04/15/2026M331 (7) (7)Common Stock331(1)2,312D
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. The number of securities reported reflects the acquisition on January 30, 2026 of 32 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2025 through January 30, 2026.
3. Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
4. 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.
5. 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.
6. 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.
7. 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.
/s/ Sam Whittington, Attorney-in-Fact for Ben Borders04/17/2026
** 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)

FAQ

What insider transactions did Apple (AAPL) Principal Accounting Officer Ben Borders report?

Ben Borders reported RSU vesting that converted into 1,717 Apple common shares. As part of this routine equity compensation event, Apple withheld some shares to satisfy tax obligations, but no open-market sales were made.

How many Apple (AAPL) shares were withheld for taxes in this Form 4?

Apple withheld 892 shares of common stock at $266.43 per share to satisfy tax withholding on vested RSUs. According to the footnotes, these shares were not sold on the market, only retained by Apple for tax payment.

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

Following the RSU vesting and related tax withholding, Ben Borders directly holds 39,987 shares of Apple common stock. This figure represents his updated equity position after the compensation-related transactions reported in the Form 4.

Were any Apple (AAPL) shares sold on the market in this Form 4 filing?

No. The filing states that shares were withheld by Apple to satisfy tax requirements on RSU vesting and explicitly notes that no shares were sold. The activity reflects internal tax withholding, not open-market selling.

How do the reported RSUs for Apple (AAPL) vest over time for Ben Borders?

The RSU awards vest in 12.5% semi-annual installments over roughly four years. Footnotes describe grants made between September 2022 and September 2025, with vesting continuing through October 15, 2029, subject to each award’s terms.

What does the Apple (AAPL) Form 4 say about shares bought through the ESPP?

A footnote notes the acquisition of 32 Apple common shares on January 30, 2026 under the Apple Employee Stock Purchase Plan for the period from August 1, 2025 to January 30, 2026, reflecting employee share purchases.