Newstead Jennifer 4

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.