Austin Wanda M 4
Research Summary
AI-generated summary
Apple (AAPL) Director Wanda M Austin Receives 1,139 RSUs
What Happened Wanda M. Austin, a director of Apple Inc., was granted 1,139 restricted stock units (RSUs) on 2026-02-24. The RSUs were awarded at $0.00 (no cash paid) and are derivative awards that represent the right to receive one share of Apple common stock per RSU at settlement. This was a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-24; Form filed 2026-02-26 (reporting period 2026-02-24).
- Award: 1,139 RSUs; reported acquisition price $0.00 (derivative award).
- Vesting: 100% of the RSUs are scheduled to vest on February 1, 2027, contingent on continued service.
- Footnotes: Grant made under the Apple Inc. Non-Employee Director Stock Plan; each RSU converts to one share at settlement.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filing date provided; no indication in the filing of a late report.
Context This transaction is a routine director equity award as part of non-employee director compensation. RSU grants are common and are not the same as an insider buying or selling stock on the open market; they represent future share delivery if vesting conditions are met. For retail investors, such grants are informational about compensation alignment but do not necessarily signal immediate insider buying or selling.