COOK TIMOTHY D 4
4 · Apple Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Apple CEO Tim Cook Exercises/Settles RSUs and Sells Shares
What Happened
Tim Cook, Apple Inc. (AAPL) CEO, had restricted stock units (RSUs) settle and then sold a portion of the resulting shares. On April 1, 2026, 131,576 RSUs vested/settled into common shares. Apple withheld 66,627 shares to satisfy tax withholding obligations (value reported at $255.63 per share, ~$17,031,860). On April 2, 2026, Cook sold 64,949 shares in several open‑market trades (total proceeds ~$16,512,198; weighted average price ≈ $254.26 per share). The sales were executed under a prearranged Rule 10b5‑1 trading plan.
Key Details
- Transaction dates: RSU settlement on 2026-04-01; open‑market sales on 2026-04-02. Tax withholding reported 2026-04-01.
- Specific sale tranches (Apr 2):
- 5,087 shares @ $251.25 = $1,278,109
- 9,147 shares @ $252.11 = $2,306,050
- 1,878 shares @ $253.13 = $475,378
- 16,083 shares @ $254.37 = $4,091,033
- 28,188 shares @ $255.17 = $7,192,732
- 4,566 shares @ $256.00 = $1,168,896
- Tax withholding: 66,627 shares withheld @ $255.63 = $17,031,860 to satisfy tax obligations on RSU vesting.
- Footnotes of note: RSU settlement details (grants dated 2021, 2022, 2023), share‑withholding for taxes, sales executed under a 10b5‑1 plan, and reported price ranges across multiple trades for each tranche.
- Shares owned after transaction: not specified on this Form 4 (shares are held through Mr. Cook’s trust per footnote).
- Filing timeliness: Form filed 2026-04-03 for transactions on 2026-04-01/02 — appears timely (no late filing flag).
Context
These transactions are primarily RSU settlements (not cash option exercises) followed by routine sales to monetize vested shares. The withholding of shares to cover taxes is common on RSU vesting. The open‑market sales were executed under a pre‑existing 10b5‑1 trading plan, which typically means they were prearranged and not ad hoc decisions based on inside information. This filing is factual disclosure of vesting, tax withholding, and sales — it does not by itself indicate management’s view of Apple’s outlook.
Insider Transaction Report
Form 4
Apple Inc.AAPL
COOK TIMOTHY D
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
[F1][F2][F3]2026-04-01+131,576→ 3,411,994 total - Tax Payment
Common Stock
[F4][F3]2026-04-01$255.63/sh−66,627$17,031,860→ 3,345,367 total - Sale
Common Stock
[F5][F6][F3]2026-04-02$251.25/sh−5,087$1,278,109→ 3,340,280 total - Sale
Common Stock
[F5][F7][F3]2026-04-02$252.11/sh−9,147$2,306,050→ 3,331,133 total - Sale
Common Stock
[F5][F8][F3]2026-04-02$253.13/sh−1,878$475,378→ 3,329,255 total - Sale
Common Stock
[F5][F9][F3]2026-04-02$254.37/sh−16,083$4,091,033→ 3,313,172 total - Sale
Common Stock
[F5][F10][F3]2026-04-02$255.17/sh−28,188$7,192,732→ 3,284,984 total - Sale
Common Stock
[F5][F11][F3]2026-04-02$256.00/sh−4,566$1,168,896→ 3,280,418 total - Exercise/Conversion
Restricted Stock Unit
[F1][F12]2026-04-01−85,080→ 0 total→ Common Stock (85,080 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F13]2026-04-01−22,159→ 22,159 total→ Common Stock (22,159 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F14]2026-04-01−24,337→ 48,673 total→ Common Stock (24,337 underlying)
Footnotes (14)
- [F1]Each restricted stock unit ("RSU") represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of RSUs in shares of common stock on their scheduled vesting date.
- [F10]This transaction was executed in multiple trades at prices ranging from $254.76 to $255.75; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- [F11]This transaction was executed in multiple trades at prices ranging from $255.82 to $256.10; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- [F12]This award was granted on September 26, 2021. 85,081 RSUs subject to the award settled on April 1, 2024, and 85,080 RSUs settled on each of April 1, 2025 and April 1, 2026.
- [F13]This award was granted on September 25, 2022. 22,159 RSUs subject to the award settled on each of April 1, 2025 and April 1, 2026, and 22,159 RSUs are scheduled to settle on April 1, 2027, subject to the terms and conditions of the underlying award agreement.
- [F14]This award was granted on October 1, 2023. 24,337 RSUs subject to the award settled on April 1, 2026. 24,337 RSUs are scheduled to settle on April 1, 2027 and 24,336 RSUs are scheduled to settle on April 1, 2028, subject to the terms and conditions of the underlying award agreement.
- [F2]The number of securities reported reflects the acquisition on January 30, 2026 of 123 shares of Apple Inc.'s common stock pursuant to the Apple Inc. Employee Stock Purchase Plan ("ESPP") for the ESPP purchase period of August 1, 2025 through January 30, 2026.
- [F3]These shares are held through Mr. Cook's trust.
- [F4]Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs.
- [F5]This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 24, 2024.
- [F6]This transaction was executed in multiple trades at prices ranging from $250.73 to $251.69; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- [F7]This transaction was executed in multiple trades at prices ranging from $251.73 to $252.68; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- [F8]This transaction was executed in multiple trades at prices ranging from $252.75 to $253.61; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
- [F9]This transaction was executed in multiple trades at prices ranging from $253.76 to $254.75; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple.
Signature
/s/ Sam Whittington, Attorney-in-Fact for Timothy D. Cook|2026-04-03