Senior Vice President, CFO Parekh Kevan converted options into 16,457 shares, covered exercise/tax liability with 8,062 shares and sold $1,038,787 worth of shares (4,199 units at $247.39), increasing direct ownership by 92% to 8,765 units (SEC Form 4)
$AAPL
Computer Manufacturing
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
|
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | ||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Apple Inc. [ AAPL ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 10/15/2025 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 10/15/2025 | M | 16,457 | A | (1) | 21,026 | D | |||
| Common Stock(2) | 10/15/2025 | F | 8,062 | D | $249.34 | 12,964 | D | |||
| Common Stock(3) | 10/16/2025 | S | 500 | D | $245.89(4) | 12,464 | D | |||
| Common Stock(3) | 10/16/2025 | S | 1,665 | D | $247.04(5) | 10,799 | D | |||
| Common Stock(3) | 10/16/2025 | S | 1,534 | D | $247.82(6) | 9,265 | D | |||
| Common Stock(3) | 10/16/2025 | S | 500 | D | $248.73(7) | 8,765 | D | |||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Unit | (1) | 10/15/2025 | M | 5,530 | (8) | (8) | Common Stock | 5,530 | (1) | 0 | D | ||||
| Restricted Stock Unit | (1) | 10/15/2025 | M | 5,816 | (9) | (9) | Common Stock | 5,816 | (1) | 11,633 | D | ||||
| Restricted Stock Unit | (1) | 10/15/2025 | M | 5,111 | (10) | (10) | Common Stock | 5,111 | (1) | 20,442 | D | ||||
| Explanation of Responses: |
| 1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date. |
| 2. Shares withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units. |
| 3. This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 26, 2024. |
| 4. This transaction was executed in multiple trades at prices ranging from $245.41 to $246.36; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple. |
| 5. This transaction was executed in multiple trades at prices ranging from $246.42 to $247.41; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple. |
| 6. This transaction was executed in multiple trades at prices ranging from $247.43 to $248.30; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple. |
| 7. This transaction was executed in multiple trades at prices ranging from $248.52 to $248.89; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, Apple, or a security holder of Apple. |
| 8. This award was granted on September 26, 2021. 12.5% of the award vested on April 15, 2022 and the remaining restricted stock units vested 12.5% in semi-annual installments over the four-year period ending October 15, 2025. |
| 9. This award was granted on September 25, 2022. 12.5% of the award vested on April 15, 2023 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2026, subject to the terms and conditions of the underlying award agreement |
| 10. This award was granted on October 1, 2023. 12.5% of the award vested on April 15, 2024 and the remaining restricted stock units vest 12.5% in semi-annual installments over the four-year period ending October 15, 2027, subject to the terms and conditions of the underlying award agreement. |
| Remarks: |
| /s/ Sam Whittington, Attorney-in-Fact for Kevan Parekh | 10/17/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||