Apple awards Jennifer Newstead two 47,645-unit grants
Apple's SVP, GC and Government Affairs received one RSU award with scheduled installments and one performance-based award.
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Rhea-AI Filing Summary
Apple Inc. reported two direct award acquisitions by Jennifer Newstead, its SVP, GC and Government Affairs, on September 27, 2026: 47,645 restricted stock units in each award. Each RSU represents the right to receive one share of common stock at settlement.
For one award, 12.5% of the units are scheduled to vest on April 15, 2027, with the remaining RSUs scheduled to vest in 12.5% semi-annual installments over a four-year period ending October 15, 2030, subject to the 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 during fiscal years 2027 through 2029.
Insider Trade Summary
| 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 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock.
- 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.
- 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.
Key Figures
Key Terms
restricted stock unit financial
performance-based RSUs financial
underlying award agreement technical
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