Ternus' Apple Stake Tied to Shareholder Returns
Apple's CEO John Ternus has received an initial ownership report detailing his stake in the company. According to the filing, he directly holds 34,155 shares of common stock through his trust and multiple outstanding restricted stock unit (RSU) awards.
The RSUs include time-based awards granted in 2022, 2023, 2024, and 2025 with scheduled vesting dates between April 1, 2027 and April 1, 2030. Additionally, performance-based RSUs were granted in 2023, 2024, and 2025.
For the performance-based RSUs, between 0% and 200% of the target units may vest based on Apple's relative total shareholder return over specified multi-year fiscal periods.