LOZANO MONICA C 4
4 · Apple Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Apple (AAPL) Director Monica C. Lozano Receives RSU Award
What Happened Monica C. Lozano, a member of Apple Inc.'s board of directors, was granted 1,139 restricted stock units (RSUs) on February 24, 2026. The grant is reported at $0.00 (no cash exchanged) and is a derivative award that represents the right to receive one share of Apple common stock per RSU at settlement. The award was an automatic grant under the Apple Inc. Non-Employee Director Stock Plan.
Key Details
- Transaction date: 2026-02-24 (reported on Form 4 filed 2026-02-26). This appears to be a timely filing.
- Transaction type/code: Award/Grant (A).
- Amount: 1,139 RSUs granted; reported acquisition price $0.00.
- Vesting: 100% of these RSUs are scheduled to vest on February 1, 2027, subject to continued service through the vesting date (per footnotes).
- Nature of security: Each RSU is the right to receive one share of common stock at settlement (derivative).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Grant was automatic under the Non-Employee Director Stock Plan.
Context This is a routine director compensation grant rather than an open-market purchase or sale. RSU awards to non-employee directors are common and typically serve as long-term compensation tied to continued board service; they do not reflect an immediate cash outlay or a traded purchase/sale.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-02-24+1,139→ 1,139 totalFrom: 2027-02-01Exp: 2027-02-01→ Common Stock (1,139 underlying)
Footnotes (3)
- [F1]Automatic grant pursuant to the Apple Inc. Non-Employee Director Stock Plan, as Amended and Restated.
- [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F3]100% of these restricted stock units are scheduled to vest on February 1, 2027, assuming continued service through the vesting date.