Newstead Awarded 95,290 Restricted Stock Units by Apple
Jennifer Newstead, Apple's SVP of Government Affairs and General Counsel, received two restricted stock unit (RSU) awards on September 27, 2026. Each award consisted of 47,645 RSUs, which represent the right to receive one share of Apple common stock at settlement.
The first award has a vesting schedule that starts with 12.5% of the units scheduled to vest on April 15, 2027. The remaining RSUs are set to vest in 12.5% semi-annual installments over a four-year period ending October 15, 2030.
The second award is performance-based and has a target of 47,645 RSUs. However, the actual number that may vest will depend on Apple's relative total shareholder return during fiscal years 2027 through 2029. Between 0% and 200% of the target units may vest based on this performance metric.