Apple Inc. COO Sabih Khan Settles Performance RSUs with Tax Withholding

Executive Summary

On October 1, 2026, Sabih Khan, Chief Operating Officer of Apple Inc. (AAPL), vested in 99,878 shares of common stock following the completion of a three-year performance cycle under Apple's restricted stock unit (RSU) program. To satisfy mandatory tax withholding obligations associated with the vest, 52,854 shares were surrendered to the company at $330.32 per share, totaling approximately $17.46 million. Following these transactions, Khan directly holds 1,120,919 shares of Apple common stock, with an additional 31,632 shares held indirectly via a family trust.

Transaction Breakdown

• RSU Conversion (Code M): 99,878 restricted stock units vested and converted into common stock at no exercise cost.
• Performance Criteria: The award was initially granted on October 1, 2023, with a target of 58,408 RSUs. Based on Apple's relative Total Shareholder Return (TSR) of 90.67% (ranking in the 76.20th percentile of the S&P 500), the payout achieved an interpolated 171% of target, resulting in 99,878 shares vesting.
• Tax Withholding (Code F): 52,854 shares were withheld by Apple at a fair market value of $330.32 per share to cover required statutory tax obligations. No open-market sales occurred.

Market Impact & Significance

This filing represents standard executive compensation settlement activity. Because the share disposition was solely executed to cover tax withholding liabilities rather than discretionary open-market sales, the trading significance is categorized as Low.