|4Feb 3, 6:32 PM ET

Austin Wanda M 4

Research Summary

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Updated

Apple Director Wanda M. Austin Receives RSUs

What Happened

  • Wanda M. Austin, a director of Apple Inc. (AAPL), had 1,255 restricted stock units (RSUs) settle into 1,255 shares on February 1, 2026. The Form 4 shows an acquisition (conversion/settlement) of 1,255 shares and a simultaneous disposition of 1,255 shares. No purchase or sale price is reported in the filing.

Key Details

  • Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (timely filing).
  • Acquired: 1,255 shares via conversion/settlement of RSUs (transaction code M).
  • Disposed: 1,255 shares (derivative); price shown as N/A in the filing.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnotes: F1 — each RSU converts to one share at settlement; F2 — award granted Feb 25, 2025 and vested in full on Feb 1, 2026 (this transaction is the scheduled vesting/settlement).
  • No indication in the filing that this was part of a 10b5‑1 plan or a late filing.

Context

  • RSU vesting is routine executive compensation. The pattern of RSUs converting to shares and the same number being immediately disposed is commonly seen when shares are withheld or sold to cover taxes (often called “sell-to-cover”), but the filing itself only documents the settlement and disposition, not the reason. This transaction is generally considered procedural rather than a directional buy/sell signal.