Apple CFO Kevan Parekh Awarded 95,290 RSUs in Routine Equity Compensation
Apple Inc.
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Filing Summary
# SEC Form 4: Apple Inc. (AAPL)
**Insider:** Kevan Parekh (Senior Vice President, CFO)
**Transaction Date:** September 27, 2026
**Filing Date:** September 29, 2026
### Transaction Summary
- **Type:** Grant / Award (Code A)
- **Security:** Restricted Stock Units (RSUs)
- **Total Units Granted:** 95,290 (47,645 Time-Based + 47,645 Performance-Based Target)
- **Price:** $0.00
- **Total Value:** $0.00
- **Significance:** Low (Routine Annual Equity Grant)
Comprehensive Analysis
Overview
On September 29, 2026, Apple Inc. (NASDAQ: AAPL) filed a Form 4 detailing equity awards granted to Kevan Parekh, Senior Vice President and Chief Financial Officer, effective September 27, 2026.
Transaction Summary
The reporting officer was awarded two tranches of Restricted Stock Units (RSUs) totaling 95,290 units at an exercise price of $0.00:
- Time-Based RSUs: 47,645 units scheduled to vest 12.5% on April 15, 2027, with the remainder vesting in 12.5% semi-annual increments through October 15, 2030.
- Performance-Based RSUs: 47,645 target units cliff vesting on October 1, 2029. Payout ranges from 0% to 200% of target depending on Apple's relative Total Shareholder Return (TSR) across fiscal years 2027 through 2029.
Market & Trading Significance
This transaction represents routine executive equity incentive compensation and does not reflect open-market trading activity. Therefore, the trading significance 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.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
