Apple GC Jennifer Newstead Sells $815K in Shares Under 10b5-1 Plan
Apple Inc.
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Filing Summary
Apple Inc. (AAPL) Form 4 Insider Filing Insider: Jennifer Newstead (SVP, GC and Government Affairs) Action: Sold 2,399 shares of Common Stock @ $339.62 Total Value: $814,748.38 Remaining Holdings: 34,795 shares Notes: Executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 5, 2026.
Comprehensive Analysis
Overview & Summary
On October 22, 2026, Apple Inc. ($AAPL) filed a Form 4 detailing an open-market sale by Jennifer Newstead, Senior Vice President, General Counsel, and Government Affairs.
Transaction Details
- Date of Transaction: October 20, 2026
- Security: Common Stock
- Transaction Code: S (Open-market sale)
- Shares Sold: 2,399 shares
- Execution Price: $339.62 per share
- Gross Proceeds: $814,748.38
- Post-Transaction Beneficial Ownership: 34,795 direct shares
Trading Plan Context
The transaction was executed pursuant to a pre-established Rule 10b5-1 trading plan adopted by Ms. Newstead on May 5, 2026. This indicates the trade was scheduled well in advance and not driven by recent material non-public developments.
Significance & Market Impact
- Significance Level: Low
- Takeaway: This transaction represents routine, planned diversification. The sale comprised roughly 6.4% of her direct holdings, leaving her with substantial continued equity exposure of 34,795 shares valued at over $11.8 million at the execution price.
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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.
