Apple COO Sabih Khan Receives Annual Equity Award of 95,290 RSUs

Executive Equity Award Summary

On September 29, 2026, Apple Inc. ($AAPL) filed a Form 4 reporting equity grants awarded to Chief Operating Officer Sabih Khan on September 27, 2026. The awards comprise a combined total of 95,290 Restricted Stock Units (RSUs) across two tranches:

1. Time-Based RSUs (47,645 Units):

   • Scheduled to vest 12.5% on April 15, 2027.
   • The remaining units vest in semi-annual installments of 12.5% over four years through October 15, 2030, subject to continued service.

2. Performance-Based RSUs (47,645 Units at Target):

   • Scheduled to vest on October 1, 2029.
   • Payout ranges between 0% and 200% of the target number of units based on Apple's relative Total Shareholder Return (TSR) from the first day of fiscal 2027 through the end of fiscal 2029.

Market and Trading Assessment

• Significance: Low. Transaction code 'A' reflects routine annual executive compensation grants rather than discretionary open-market buying or selling.
• Ownership Impact: The grants represent potential future share issuance contingent upon retention and performance hurdles, aligning executive incentives with long-term shareholder returns.