Apple Officer Jennifer Newstead Files Form 144 to Sell $10.57M in Common Stock
Apple Inc.
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Filing Summary
Form 144 Notice of Proposed Sale: Apple Inc. (AAPL) • Insider: Jennifer Newstead (Officer) • Shares Proposed to Sell: 31,182 • Aggregate Market Value: $10,570,074.36 (~$338.98/share) • Approx. Sale Date: September 22, 2026 • Trading Plan: Rule 10b5-1 adopted on May 5, 2026 • Broker: Morgan Stanley Smith Barney LLC
Comprehensive Analysis
Overview
On September 22, 2026, Apple Inc. officer Jennifer Newstead filed a Form 144 notice disclosing the proposed sale of up to 31,182 shares of Apple Common Stock with an estimated aggregate market value of $10,570,074.36 (approximately $338.98 per share).
Transaction Details
- Securities to be Sold: 31,182 common shares.
- Origin of Shares: Acquired upon the vesting of restricted stock units (RSUs) between March 15, 2026, and September 15, 2026.
- Trading Plan: The proposed sale is conducted pursuant to a Rule 10b5-1 trading plan adopted on May 5, 2026.
- Past 3 Months Activity: The filer previously executed multiple weekly Rule 10b5-1 sales between August 11, 2026, and September 15, 2026, selling roughly 1,438 to 1,439 shares each week for gross proceeds totaling approximately $2.72 million.
Market and Governance Impact
Because the proposed sale is executed pursuant to a pre-established Rule 10b5-1 trading arrangement and represents a negligible fraction of Apple's 14.59 billion outstanding shares, the trading significance is rated Low. Such transactions are standard administrative executions associated with equity compensation vesting.
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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.
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