Apple Inc. Files Form 3 for CEO John Ternus Disclosing Initial Holdings and Derivative Awards

Executive Overview

On September 1, 2026, Apple Inc. ($AAPL) filed an initial statement of beneficial ownership on Form 3 for John Ternus, reporting his holdings in his role as Chief Executive Officer (CEO) and Director.

Reported Holdings Summary

• Direct / Trust Common Stock Ownership: 34,155 shares held through Mr. Ternus' trust.
• Derivative Holdings (Restricted Stock Units): Totaling 305,271 RSUs across standard time-based and performance-based award tranches:
  • 22,159 RSUs: Granted September 25, 2022; scheduled to vest April 1, 2027.
  • 38,938 RSUs: Granted October 1, 2023; scheduled to vest April 1, 2027, and April 1, 2028.
  • 58,408 Performance RSUs (Target): Granted October 1, 2023; vesting October 1, 2026, contingent on relative TSR (0%–200%).
  • 43,901 RSUs: Granted September 29, 2024; vesting in three equal installments on April 1, 2027, 2028, and 2029.
  • 43,901 Performance RSUs (Target): Granted September 29, 2024; vesting October 1, 2027, based on TSR performance.
  • 48,932 RSUs: Granted September 28, 2025; vesting in three equal installments on April 1, 2028, 2029, and 2030.
  • 48,932 Performance RSUs (Target): Granted September 28, 2025; vesting October 1, 2028, based on TSR performance.

Significance Assessment

Form 3 filings from chief executives represent high-significance disclosures as they establish baseline equity ownership and executive compensation alignment with long-term shareholder return.