WAGNER SUSAN 4
Research Summary
AI-generated summary
Apple (AAPL) Director Susan Wagner Receives 1,255 Shares
What Happened
- Susan Wagner, a director of Apple Inc. (AAPL), reported the conversion/settlement of 1,255 restricted stock units (RSUs) into 1,255 shares on February 1, 2026. The Form 4 lists an acquisition of 1,255 shares and a simultaneous disposition of 1,255 shares (both reported under derivative code M for exercise/conversion).
- No per-share price or dollar value is reported (price listed as N/A).
Key Details
- Transaction date: February 1, 2026; Form 4 filed February 3, 2026 (filed within the usual 2-business-day window).
- Shares acquired: 1,255 (conversion/settlement of RSUs).
- Shares disposed: 1,255 (reported in same filing).
- Shares owned after transaction: not specified in the supplied filing details.
- Footnotes from the filing:
- F1: Each restricted stock unit converts to one share at settlement.
- F2: The RSU award was granted Feb 25, 2025 and vested in full on Feb 1, 2026.
- The filing does not state a sale price or explicitly state the reason for the disposition.
Context
- The Form 4 shows RSUs vested and converted to shares (derivative conversion), then an immediate disposition of the same number of shares. That pattern commonly reflects withholding or sale to satisfy tax obligations, though the filing itself does not specify the purpose of the disposition.
- This is a routine insider reporting of vested equity for a director; there is no disclosed open-market purchase or discretionary sale that would signal a change in sentiment.