4Accepted Oct 5, 6:42 PM ET
Apple Inc.: executive chair Timothy D Cook received 374,541 shares
Accepted (ET)
6:42 PM
Oct 5, 2026
Filed
Oct 5, 2026
Documents
1
Size
20.3 KB
Summary
Apple Inc.: executive chair Timothy D Cook received 374,541 shares
What happened
- Timothy D Cook, executive chair and director, received 374,541 shares when performance-based RSUs settled on Oct 1, 2026. The filing shows 199,038 shares were withheld to satisfy tax withholding at $330.32 for $65,746,232.
- On Oct 2, 2026, the filing reports open-market sales of 23,143 shares at $331.44 for $7,670,516; 39,492 shares at $332.16 for $13,117,663; 88,239 shares at $333.26 for $29,406,529; and 40,879 shares at $333.94 for $13,651,133. The filing also reports a gift of 26,325 shares and derivative exercise/conversion entries for 374,541 shares.
Key details
- Transaction dates and prices: RSU settlement Oct 1, 2026; tax-withholding disposition Oct 1, 2026 at $330.32 (199,038 shares, $65,746,232); open-market sales Oct 2, 2026 at weighted-average prices $331.44, $332.16, $333.26, $333.94 for the listed share lots and proceeds $7,670,516; $13,117,663; $29,406,529; $13,651,133 respectively. Gift reported at $0.00 for 26,325 shares.
- Shares owned after the transaction: the filing notes shares are held through Mr. Cook's trust (footnote F2); the filing excerpt does not state a total post-transaction ownership number.
- Relevant footnotes: F1 (RSU settlement), F3 (shares withheld for taxes), F9–F12 (award grant date Oct 1, 2023; TSR calculation and that 374,541 RSUs vested based on relative TSR), F4 (sales pursuant to a Rule 10b5-1 trading plan), F5–F8 (sales executed in multiple trades; reported prices are weighted averages).
- Form filed Oct 5, 2026; the filing does not indicate it was late.
Why it may matter
- The filing reports settlement of performance RSUs and shares withheld to satisfy tax obligations rather than a cash purchase; remaining shares were sold in open-market transactions reported on Oct 2, 2026 (some sales were executed under a Rule 10b5-1 plan).
- The gift of 26,325 shares is a non-market transfer reported separately.
- The filing does not show why the insider traded or why the company acted.