Apple Inc. SVP & General Counsel Jennifer Newstead Disposes of $456K in Common Stock Under 10b5-1 Plan

Executive Summary

On September 10, 2026, Apple Inc. ($AAPL) filed a Form 4 reporting an open-market sale by Jennifer Newstead, Senior Vice President, General Counsel, and Government Affairs. On September 8, 2026, Ms. Newstead sold 1,438 shares of Common Stock at an average price of $317.23 per share, yielding gross proceeds of approximately $456,176.74.

Transaction Details

• Security: Common Stock
• Transaction Type: Open market sale (Code: S)
• Volume: 1,438 shares
• Execution Price: $317.23
• Total Consideration: $456,176.74
• Post-Transaction Beneficial Ownership: 34,352 shares held directly

Strategic & Market Context

• Rule 10b5-1 Trading Plan: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 5, 2026. This indicates routine financial planning rather than discretionary timing based on material non-public information.
• Significance Assessment: The sale accounts for approximately 4% of Ms. Newstead's direct holdings, leaving her with 34,352 shares. Given the pre-scheduled nature and relatively modest size, the trading significance is rated as Low.