Apple Executive Chair Timothy D. Cook Receives Annual Equity Award of 131,938 RSUs
Apple Inc.
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Filing Summary
Apple Inc. (AAPL) - Form 4 Filing Insider: COOK TIMOTHY D (Executive Chair, Director) Transaction Date: September 27, 2026 Type: Grant / Award (Code A) Security: Restricted Stock Units (RSUs) Units Granted: 131,938 (65,969 time-based + 65,969 performance-based target) Price: $0.00 Significance: Low (Routine executive compensation grant)
Comprehensive Analysis
Executive Compensation Summary
Apple Inc. Executive Chair Timothy D. Cook was awarded a total of 131,938 Restricted Stock Units (RSUs) on September 27, 2026, as part of Apple's annual executive equity compensation program.
Award Breakdown
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Time-Based RSUs:
- Units: 65,969
- Vesting Schedule: 12.5% vests on April 15, 2027, with the remaining balance vesting in 12.5% semi-annual installments over four years through October 15, 2030.
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Performance-Based RSUs:
- Units (Target): 65,969
- Vesting Schedule: Scheduled to vest on October 1, 2029.
- Conditions: Payout ranges from 0% to 200% of target depending on Apple's relative Total Shareholder Return (TSR) from the start of fiscal year 2027 through the end of fiscal year 2029.
Trading Significance
This filing reflects routine annual equity awards approved by the compensation committee and does not involve open-market purchases or dispositions. As such, the market significance of this transaction is rated Low.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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