Apple Awards CFO Up To 200% of Target Stock Grant

Apple Inc. (AAPL) has awarded its Chief Financial Officer (CFO), Kevan Parekh, two restricted stock unit (RSU) grants totaling 95,290 units.

The first grant is a time-based award that will vest in semi-annual installments of 12.5% over four years ending October 15, 2030.

The second grant is performance-based and will vest between 0% to 200% of the target number of units based on Apple's relative total shareholder return from fiscal year 2027 through fiscal year 2029.