Newstead Jennifer 4
4 · Apple Inc. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Apple SVP Jennifer Newstead Receives RSUs; Shares Withheld for Taxes
What Happened
Jennifer Newstead, Senior Vice President, General Counsel and Secretary of Apple (AAPL), had 30,104 restricted stock units (RSUs) convert to common shares on June 15, 2026. To satisfy tax withholding at vesting, Apple withheld 16,238 shares (valued at $296.42 each) for a total withholding value of $4,813,268. The settlement resulted in a net delivery of approximately 13,866 shares to Newstead.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
- Conversion/settlement: 30,104 RSUs converted to shares (reporting code M/A for conversion/award).
- Tax withholding: 16,238 shares withheld at $296.42/share = $4,813,268 (reporting code F). No open-market sale of shares occurred.
- Net shares received: ~13,866 shares after withholding.
- Award background: RSU award granted February 15, 2026; vesting schedule includes 20% vested Mar 15, 2026 and 10% vested Jun 15, 2026, with additional scheduled vesting through 2029 (see footnote details).
- Shares owned after transaction: Not reported in the supplied filing summary.
Context
- This was an RSU settlement on scheduled vesting, not a market purchase or voluntary sale — withholding to cover taxes is routine and does not indicate a discretionary sale.
- The transaction codes reflect conversion/settlement of derivative awards and tax withholding; no 10b5-1 plan or gift was reported.
Insider Transaction Report
Form 4
Apple Inc.AAPL
Newstead Jennifer
SVP, GC and Secretary
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-15+30,104→ 57,784 total - Tax Payment
Common Stock
[F2]2026-06-15$296.42/sh−16,238$4,813,268→ 41,546 total - Exercise/Conversion
Restricted Stock Unit
[F1][F3]2026-06-15−30,104→ 210,728 total→ Common Stock (30,104 underlying)
Footnotes (3)
- [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.
- [F2]Shares withheld by Apple to satisfy tax withholding requirements on vesting of RSUs. No shares were sold.
- [F3]This award was granted on February 15, 2026. 20% of the total number of RSUs subject to the award vested on March 15, 2026, and 10% of the total number of RSUs subject to the award vested on June 15, 2026. 10% of the total number of RSUs subject to the award are scheduled to vest on each of September 15 and December 15, 2026; 8.75% of the total number of RSUs subject to the award are scheduled to vest on each of March 15, June 15, September 15 and December 15, 2027; 2.5% of the total number of RSUs subject to the award are scheduled to vest on each of March 15, June 15, September 15 and December 15, 2028; and 1.25% of the total number of RSUs subject to the award are scheduled to vest on each of March 15, June 15, September 15 and December 15, 2029, subject to the terms and conditions of the underlying award agreement.
Signature
/s/ Sam Whittington, Attorney-in-Fact for Jennifer Newstead|2026-06-17