LOZANO MONICA C 4

What Happened

• Monica C. Lozano, a director of Apple Inc., had 1,255 restricted stock units (RSUs) vest on February 1, 2026. The RSUs converted into 1,255 shares of Apple common stock (Form 4 filed Feb 3, 2026).
• The filing shows a derivative conversion (transaction code M) that resulted in acquisition of 1,255 shares. No per-share price or total dollar value was reported (listed as N/A), so market value is not shown on the Form 4.
• This was a scheduled vesting/settlement of an award rather than an open-market purchase or sale.

Key Details

• Transaction date: February 1, 2026 (Form 4 filed February 3, 2026) — filing appears timely (within the Form 4 reporting window).
• Transaction type/codes: M (exercise/conversion of derivative); entries show 1,255 shares acquired and a matching derivative disposition (conversion/settlement).
• Price/value: Not reported on the Form 4 (N/A).
• Footnotes: F1 — each RSU converts to one share at settlement; F2 — the RSU award was granted Feb 25, 2025 and vested in full on Feb 1, 2026.
• Shares owned after the transaction: Not specified in the provided filing excerpt.

Context

• This is a routine settlement of RSUs granted to a director and does not itself indicate a market-directional trade (it’s not a purchase or discretionary sale).
• For derivative-line reporting, Form 4 often shows both the derivative instrument ceasing and the underlying shares acquired when RSUs convert; that appears to be the case here.