SUGAR RONALD D 4

What Happened

• Ronald D. Sugar, a director of Apple Inc., received a grant of 1,139 restricted stock units (RSUs) on 2026-02-24. The award is reported as a derivative acquisition (transaction code A) with a reported acquisition price of $0.00 (i.e., an award, not a cash purchase or sale). This was an automatic grant under Apple’s Non-Employee Director Stock Plan.

Key Details

• Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (filed two days after the transaction, consistent with Form 4’s typical two-business-day reporting requirement).
• Transaction type/code: Award/Grant (A); derivative security (RSUs).
• Shares/units granted: 1,139 RSUs; reported price $0.00 (award).
• Vesting: 100% of these RSUs are scheduled to vest on 2027-02-01, subject to continued service (per footnote).
• RSU meaning: Each restricted stock unit represents the right to receive one share of common stock at settlement.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 = automatic grant under the Non-Employee Director Stock Plan; F2 = each RSU equals one share at settlement; F3 = full vesting on Feb 1, 2027 if service continues.

Context

• This is an equity award common for non-employee directors and is not a market purchase (not an explicit bullish/economic purchase by the insider). RSUs typically align director compensation with shareholder value but do not reflect an immediate cash transaction or sale. The award will convert to shares only when vested and settled.