Apple CEO John Ternus Receives 7,690 RSUs

What Happened John Ternus, Chief Executive Officer and Director of Apple Inc. (AAPL), received a grant of 7,690 restricted stock units (RSUs) on September 1, 2026. The RSUs were awarded at $0.00 (i.e., no cash purchase) and are reported as a derivative award representing the right to receive one share of common stock per RSU at settlement. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date and type: 2026-09-01 — Award/Grant of RSUs (reported as a derivative).
• Shares/units granted: 7,690 RSUs; acquisition price: $0.00 (no cash exchanged).
• Vesting: 12.5% scheduled to vest on March 15, 2027; remaining units vest 12.5% in semi-annual installments over a four-year period ending September 15, 2030 (per filing footnote).
• Conversion: Each RSU represents the right to receive one share upon settlement.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed with the SEC on 2026-09-01 (same date as the grant), indicating a timely report.

Context RSU grants are common executive compensation and are treated as derivative awards because they confer the right to receive company stock in the future, subject to vesting and other conditions. Such awards reflect compensation policy rather than an immediate buy/sell signal; vesting events or subsequent sales would be the transactions that directly change insider ownership.