Apple COO Sabih Khan Receives Stock Grants Totaling 95,290 RSUs
Apple's Chief Operating Officer (COO) Sabih Khan has received two stock grants totaling 47,645 restricted stock units each. One grant is scheduled to vest in increments of 12.5% every six months over a four-year period, starting on April 15, 2027.
The second grant is performance-based and may vest at 0% to 200% of the target number based on Apple's relative total shareholder return from fiscal 2027 to 2029. This type of award links executive compensation directly to company performance, aligning management incentives with business results.
Performance-based restricted stock units (RSUs) are a common practice in corporate governance, allowing companies to reward employees for meeting specific goals or targets. In this case, Khan's potential earnings from the second grant depend on Apple's success relative to its peers over the next few years.