Gorsky Alex 4
Research Summary
AI-generated summary
Apple Director Alex Gorsky Receives 1,255 Shares via RSU Vesting
What Happened
Alex Gorsky, a member of Apple’s board of directors, had 1,255 restricted stock units (RSUs) vest and be settled into 1,255 shares of Apple common stock on February 1, 2026. The Form 4 reports the conversion/exercise of the derivative (code M) resulting in acquisition of 1,255 shares and a corresponding disposition entry for 1,255 derivative units. No per-share price or total dollar value is reported on the filing.
Key Details
- Transaction date: February 1, 2026.
- Reported transactions: Exercise/conversion of derivative (M) — 1,255 shares acquired; corresponding disposition of 1,255 derivative units.
- Price/value: Not reported (N/A) in the provided filing.
- Shares owned after the transaction: Not provided in the data supplied.
- Footnotes: F1 — each RSU converts to one share at settlement; F2 — the RSU award was granted Feb 25, 2025 and vested entirely on Feb 1, 2026.
- Filing timeliness / 10b5-1 plan: Not indicated in the provided data.
Context
This was a scheduled RSU vesting/settlement (compensation), which is a routine insider transaction and not the same as an open-market purchase or a sell-for-profit signal. The Form 4 uses code M for the conversion/exercise of the derivative instrument (RSU) into shares; the matching acquisition/disposition lines reflect the conversion process described in the footnotes. No sale of the newly issued shares or cash proceeds are reported in the supplied information.