LEVINSON ARTHUR D 4

What Happened

• Arthur D. Levinson, a member of Apple Inc.'s board of directors, reported two transactions: an automatic grant of 1,011 restricted stock units (RSUs) on Feb 24, 2026 (reported as an acquisition, code A) and a gift of 1,113 shares on Feb 26, 2026 (reported as a disposition, code G). Both entries show $0.00 per share on the Form 4 because the grant and gift are non‑cash events; the filing reports $0 total value for each line item.

Key Details

• Transactions and dates:
  • Grant (A): 1,011 RSUs granted on 2026-02-24, $0.00 per share (derivative award).
  • Gift (G): 1,113 shares transferred on 2026-02-26, $0.00 per share (gift/disposition).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: Grant was an automatic award under the Apple Inc. Non‑Employee Director Stock Plan.
  • F2: Each RSU represents the right to receive one share of Apple common stock at settlement.
  • F3: The 1,011 RSUs are scheduled to vest 100% on February 1, 2027, contingent on continued service.
• Timeliness: Form 4 was filed on Feb 26, 2026; based on the transaction dates, the filing appears timely (not marked as late).

Context

• RSU grants to non‑employee directors are routine compensation and are different from open‑market purchases (they are derivative awards that convert to shares at settlement/vesting). The reported gift is a non‑market disposition and, by itself, does not indicate the director’s view of the company’s prospects.