Apple CFO Kevan Parekh Vests RSUs and Sells Shares Under Rule 10b5-1 Plan

Executive Summary

On October 19, 2026, Apple Inc. ($AAPL) filed a Form 4 on behalf of Senior Vice President and Chief Financial Officer Kevan Parekh. The report documents transactions executed between October 15 and October 16, 2026, encompassing scheduled restricted stock unit (RSU) vestings, automatic statutory tax withholdings, and pre-arranged open-market sales.

Transaction Breakdown

1. Equity Award Vesting (October 15, 2026):

   • Vested RSUs: 10,926 shares of Apple Common Stock were settled across two underlying awards (5,816 units from a September 2022 grant and 5,110 units from an October 2023 grant).
   • Tax Withholding (Code F): 5,361 shares were withheld by Apple at $342.00 per share (total value: ~$1,833,462.00) to satisfy standard statutory tax withholding obligations.

2. Open-Market Sales (October 16, 2026):

   • Mr. Parekh sold a total of 1,392 shares in multiple tranches across a price range of $342.25 to $347.46, generating gross proceeds of approximately $480,315.36 (volume-weighted average price: ~$345.05).
   • All sales were executed pursuant to a pre-established Rule 10b5-1 trading plan adopted on November 21, 2025.

Holdings Context

Following these transactions, Kevan Parekh directly holds 17,539 shares of Apple Common Stock, in addition to unvested RSUs (including 10,221 remaining units from the October 2023 grant scheduled to vest through October 2027).

Market & Trading Significance

• Significance Level: Low
• These transactions represent routine executive compensation activity. The open-market dispositions were modest in size relative to the overall holding, entirely pre-scheduled under a Rule 10b5-1 plan established nearly a year prior, and accompanied by substantial net equity vesting.