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Restricted Stock Units

2 GoKawiil briefs on this topic

Tim Cook sells $63.9M in Apple stock, gifts additional shares

Apple executive chair Tim Cook sold 191,753 Apple shares on October 2 for roughly $63.9 million, a day after 374,541 restricted stock units vested based on Apple's three-year shareholder return performance. Apple withheld 199,038 shares worth about $65.7 million to cover taxes, and Cook separately gifted 26,325 shares to an unnamed recipient, leaving him with over 3.2 million shares held through his trust.

Apple discloses $58M pay package for new CEO John Ternus, $47M for Tim Cook

Apple's SEC filing reveals incoming CEO John Ternus will receive an annual compensation package worth $58 million, split between a $3 million base salary and $55 million in stock awards starting fiscal 2027. Tim Cook, moving into the newly created executive chairman role, will earn a $47 million package with a $2 million salary and $45 million in equity, split evenly between performance-based and time-based shares.