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AAPLApple Inc. · Insider ownership research

Apple Inc. insiders sold $206M. How much of their stake is that?

About 6.3% overall. As a group they still hold 96% of their starting shares.

0
purchases by officers and directors
57%
of sales were under disclosed trading plans
8 of 16
officers and directors sold shares
Is this normal? Less than usual: about half of the 5-year average. 8 insiders sold; the average is 7 a year. Year by year
Latest filing: Filed Oct 5 for a sale from Oct 1 to Oct 2. Tim Cook sold 192K shares ($63.8M) under a disclosed plan. Filing
Oct 8, 2025 to Oct 7, 2026 · 52 SEC ownership filings · updated Oct 7, 2026 · See the evidence

What stands out

  1. Two insiders sold $87.8M with no disclosed plan: Arthur Levinson ($86.7M, 7.3% of holdings) and Chris Kondo ($1.0M, 25%). The filings don't state a reason.Arthur Levinson: largest such sale, May 6, 2026 · Chris Kondo: largest such sale, Nov 7, 2025
  2. Selling rose in the last 90 days but the year remains well below the 5-year average: officers and directors sold 277K shares, against an average of 133K per 90 days earlier in the period. Most of it was Tim Cook (192K shares in the last 90 days, 5.8% of holdings) and Deirdre O'Brien (46K shares in the last 90 days); 100% of these sales were under disclosed plans.Tim Cook: largest recent sale, Oct 2, 2026 · Deirdre O'Brien: largest recent sale, Oct 2, 2026

Percentages cover 11 of 16 officers and directors. 5 are left out

i
Left out: Deirdre O'Brien, John Ternus and Kevan Parekh (most of their shares vested during the period, so a percentage would mislead); Andrea Jung (holdings couldn't be fully reconciled); Jennifer Newstead (held no vested shares at the start).
Disclosed company stock is not an insider's whole wealth.

The evidence

Who sold8 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Arthur Levinson
Director
$86.7M
300K shares
7.3%No plan disclosed
Tim Cook
Executive Chair, Director
$80.4M
257K shares
7.8%Disclosed plan
Deirdre O'Brien
Senior Vice President
$23.1M
76K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
Disclosed plan
John Ternus
CEO, Director
$8.5M
25K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
Disclosed plan
Jennifer Newstead
SVP, GC and Government Affairs
$4.3M
13K shares
i
No percentage: held no vested shares at the start.
Disclosed plan
Kevan Parekh
Senior Vice President, CFO
$1.5M
5.7K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
Disclosed plan
Chris Kondo
Principal Accounting Officer
$1.0M
3.8K shares
25%No plan disclosed
Ben Borders
Principal Accounting Officer
$404K
1.4K shares
3.5%Disclosed plan
The full ownership picture15 of 16 insiders fully reconciled · 16 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 7, 2025SoldHeld Oct 7, 2026Still held
Arthur Levinson
i
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Director
4.13M−300K3.76M91%
Vesting, gifts, unvested awards and holding lines for Arthur Levinson
+1.1Kshares vested or exercised
−71Kgifted (net of own trusts)
1.1K → 1Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock4,069,5763,699,576
SpouseCommon Stock56,00056,000

Additional holdings last reported Dec 6, 2005, not confirmed since: 22,400 shares. Not included in any total or percentage on this page.

Tim Cook
i
Minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Executive Chair, Director
3.28M−257K3.24M99%
Vesting, gifts, unvested awards and holding lines for Tim Cook

Name on SEC filings: Timothy Cook (COOK TIMOTHY D).

+506Kshares vested or exercised
−26Kgifted (net of own trusts)
−266Kwithheld by the company for taxes
618K → 618Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 7, 2025Oct 7, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock3,280,2953,237,843

Additional holdings last reported Jan 31, 2012, not confirmed since: 386,876 shares. Not included in any total or percentage on this page.

Reconciliation: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Sabih Khan
i
Minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
COO
1.07M01.15Mno sales
Vesting, gifts, unvested awards and holding lines for Sabih Khan
+164Kshares vested or exercised
0gifted (net of own trusts)
−86Kwithheld by the company for taxes
334K → 365Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock1,042,7721,120,919
family trustCommon Stock31,63231,632

Reconciliation: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Kate Adams
SVP, GC and Secretary
179K0175Kno sales
Vesting, gifts, unvested awards and holding lines for Kate Adams

Name on SEC filings: Katherine Adams (Adams Katherine L.).

0shares vested or exercised
−3.8Kgifted (net of own trusts)
253K → 253Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock179,158175,408
Deirdre O'Brien
i
Minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Senior Vice President
137K−76K137Knot meaningful
Vesting, gifts, unvested awards and holding lines for Deirdre O'Brien
+164Kshares vested or exercised
0gifted (net of own trusts)
−88Kwithheld by the company for taxes
311K → 342Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock136,687136,810

Reconciliation: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Ronald Sugar
Director
109K0111Kno sales
Vesting, gifts, unvested awards and holding lines for Ronald Sugar
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock109,311110,566
Andrea Jung
!
Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +404 shares on Feb 1, 2026 (Family trust). See the filing Sales and other transactions for Andrea Jung are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Andrea Jung
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +404 shares on Feb 1, 2026 (Family trust). The balances below are as reported, not verified totals.

Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock76,00577,260
Family trustCommon Stock0404
Susan Wagner
i
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Director
69K070Kno sales
Vesting, gifts, unvested awards and holding lines for Susan Wagner
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock62,49163,746
SpouseCommon Stock6,0426,042
spouse, as custodian for childCommon Stock400400

Additional holdings last reported Feb 1, 2021, not confirmed since: 1,200 shares. Not included in any total or percentage on this page.

Ben Borders
i
Minor difference of 32 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Started reporting during the period; starting holdings are from the Form 3.
Principal Accounting Officer
39K−1.4K39K99%
Vesting, gifts, unvested awards and holding lines for Ben Borders
+2Kshares vested or exercised
0gifted (net of own trusts)
−1Kwithheld by the company for taxes
9.8K → 7.8Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock39,13038,713

Reconciliation: minor difference of 32 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

John Ternus
i
Started reporting during the period; starting holdings are from the Form 3.
CEO, Director
34K−25K60Knot meaningful
Vesting, gifts, unvested awards and holding lines for John Ternus
+100Kshares vested or exercised
0gifted (net of own trusts)
−49Kwithheld by the company for taxes
212K → 381Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock34,15559,567
Chris Kondo
Principal Accounting Officer
15K−3.8K15K100%
Vesting, gifts, unvested awards and holding lines for Chris Kondo
+7.4Kshares vested or exercised
0gifted (net of own trusts)
−3.6Kwithheld by the company for taxes
28K → 21Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock15,09815,098
Monica Lozano
Director
8.6K09.9Kno sales
Vesting, gifts, unvested awards and holding lines for Monica Lozano
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock8,6079,862
Alex Gorsky
Director
5.5K06.8Kno sales
Vesting, gifts, unvested awards and holding lines for Alex Gorsky
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock5,5396,794
Kevan Parekh
Senior Vice President, CFO
4.6K−5.7K13Knot meaningful
Vesting, gifts, unvested awards and holding lines for Kevan Parekh
+27Kshares vested or exercised
0gifted (net of own trusts)
−13Kwithheld by the company for taxes
183K → 251Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock4,56913,366
Wanda Austin
Director
1.6K02.8Kno sales
Vesting, gifts, unvested awards and holding lines for Wanda Austin
+1.3Kshares vested or exercised
0gifted (net of own trusts)
1.3K → 1.1Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock1,5882,843
Jennifer Newstead
SVP, GC and Government Affairs
0−13K42Knot meaningful
Vesting, gifts, unvested awards and holding lines for Jennifer Newstead
+120Kshares vested or exercised
0gifted (net of own trusts)
−65Kwithheld by the company for taxes
350K → 325Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock041,992

15 of 16 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (11 exactly, 4 with a minor or footnoted difference). For 1 we show sales but not holdings; the ! icon on that row explains why. Percentages cover 11 of 16 officers and directors. Left out: Deirdre O'Brien, John Ternus and Kevan Parekh (most of their shares vested during the period, so a percentage would mislead); Andrea Jung (holdings couldn't be fully reconciled); Jennifer Newstead (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$206M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $206M across 682,810 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($87.8M), including tax-related sales outside a plan.

No plan disclosed · $87.8M

Sales with no 10b5-1 plan and no tax reference in the filing. $86.7M of it is Arthur Levinson. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Arthur Levinson, May 6, 2026

Taxes

571,178 shares ($174M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Arthur Levinson
Director
300K$86.7M0%42%May 6, 2026 to May 27, 2026
Tim Cook
Executive Chair, Director
257K$80.4M100%39%Apr 2, 2026 to Oct 2, 2026
Deirdre O'Brien
Senior Vice President
76K$23.1M100%11%Apr 2, 2026 to Oct 2, 2026
John Ternus
CEO, Director
25K$8.5M100%4%Oct 2, 2026 to Oct 2, 2026
Jennifer Newstead
SVP, GC and Government Affairs
13K$4.3M100%2%Aug 11, 2026 to Sep 29, 2026
Kevan Parekh
Senior Vice President, CFO
5.7K$1.5M100%0.7%Oct 16, 2025 to Apr 23, 2026
Chris Kondo
Principal Accounting Officer
3.8K$1.0M0%0.5%Nov 7, 2025 to Nov 7, 2025
Ben Borders
Principal Accounting Officer
1.4K$404K100%0.2%May 8, 2026 to Jun 16, 2026

Sales by month

Oct 2025: $1.0MOct 2025Nov 2025: $1.0MDec 2025Feb 2026Apr 2026: $24.6MApr 2026May 2026: $87.1MJun 2026: $34KJun 2026Aug 2026: $1.3MAug 2026Sep 2026: $3.0MOct 2026: $87.8M$87.8MOct 2026
Monthly figures as a table
MonthSale proceeds
Oct 2025$1.0M
Nov 2025$1.0M
Dec 2025$0
Jan 2026$0
Feb 2026$0
Mar 2026$0
Apr 2026$24.6M
May 2026$87.1M
Jun 2026$34K
Jul 2026$0
Aug 2026$1.3M
Sep 2026$3.0M
Oct 2026$87.8M
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about half of the 5-year average. 8 insiders sold; the average is 7 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 7, 2026
Latest 12 months
683K8$206M
Oct 7, 2025
1 year earlier
842K7$200M
Oct 7, 2024
2 years earlier
1.34M7$264M
Oct 8, 2023
3 years earlier
1.21M6$200M
Oct 8, 2022
4 years earlier
908K6$141M
Oct 8, 2021
5 years earlier
3.29M7$471M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty1 insider whose holdings couldn't be fully reconciled

Andrea Jung: holdings couldn't be fully reconciled (difference of 404 shares). Balance changed with no matching transaction and no footnote: +404 shares on Feb 1, 2026 (Family trust). Filing, Feb 1, 2026

Tim Cook: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Sabih Khan: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Deirdre O'Brien: minor difference of 123 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Ben Borders: minor difference of 32 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,401 filings from SEC EDGAR, and how we read them

All 1,401 Forms 3, 4 and 5 filed for Apple Inc. (SEC CIK 320193) from Mar 21, 2003 to Oct 5, 2026, retrieved from SEC EDGAR on Oct 7, 2026. Prices are the ones reported in each filing, often weighted averages. 1 older filing exists only on paper and could not be read.

Probable 2-for-1 stock split on or before Dec 6, 2005 (first filing that shows post-split balances). Splits aren't reported as transactions; 4 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 7-for-1 stock split on or before Jun 6, 2014 (split date stated in a footnote). Splits aren't reported as transactions; 13 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 4-for-1 stock split on or before Aug 28, 2020 (split date stated in a footnote). Splits aren't reported as transactions; 11 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (35)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Jeffrey WilliamsApr 3, 2025453,731 shares, last reported balance as of Apr 2, 2025
Luca MaestriOct 8, 2024107,788 shares, last reported balance as of Oct 4, 2024
Albert Gore Jr.Feb 5, 2024468,995 shares, last reported balance as of Feb 1, 2024
James BellFeb 5, 202438,527 shares, last reported balance as of Feb 1, 2024
Robert IgerMar 5, 2019202,284 shares, last reported balance as of Feb 1, 2019
Angela AhrendtsOct 5, 2018265,376 shares, last reported balance as of Oct 5, 2018
Johny SroujiAug 21, 2018244,632 shares, last reported balance as of Aug 17, 2018
Craig FederighiAug 10, 20181,679,584 shares, last reported balance as of Aug 9, 2018
Daniel RiccioMay 21, 2018138,976 shares, last reported balance as of May 17, 2018
Philip SchillerApr 5, 2018198,300 shares, last reported balance as of Apr 3, 2018
Eduardo CueApr 3, 2018263,244 shares, last reported balance as of Apr 1, 2018
Bruce SewellOct 3, 2017692,784 shares, last reported balance as of Oct 1, 2017
Millard DrexlerFeb 3, 201556,224 shares, last reported balance as of Feb 1, 2015
William CampbellMar 4, 2014126,644 shares, last reported balance as of Feb 1, 2014
Peter OppenheimerFeb 12, 2014294,896 shares, last reported balance as of Jan 31, 2014
Robert MansfieldJun 21, 20131,878,996 shares, last reported balance as of Jun 21, 2013
John BrowettOct 23, 201279,548 shares, last reported balance as of Oct 20, 2012
Betsy RafaelOct 17, 2012232,148 shares, last reported balance as of Oct 15, 2012
Scott ForstallApr 30, 2012167,328 shares, last reported balance as of Apr 27, 2012
Bertrand SerletFeb 10, 20116,513,304 shares, last reported balance as of Feb 8, 2011
Ronald JohnsonOct 29, 201013,041,000 shares, last reported balance as of Oct 28, 2010
Mark PapermasterAug 5, 2010145,656 shares, last reported balance as of Jul 30, 2010
Jerome YorkFeb 26, 20101,400,000 shares, last reported balance as of Oct 22, 2009
Jonathan IveAug 4, 2009799,148 shares, last reported balance as of Jul 31, 2009
Sina TamaddonJul 2, 200916,272,816 shares, last reported balance as of Jun 26, 2009
Daniel CoopermanJul 2, 20091,056,636 shares, last reported balance as of Jun 26, 2009
Anthony FadellOct 21, 20082,078,664 shares, last reported balance as of Oct 18, 2008
Steven JobsAug 15, 2007155,300,628 shares, last reported balance as of Aug 13, 2007
Donald RosenbergDec 5, 2006No balance on record
Eric SchmidtSep 7, 2006343,952 shares, last reported balance as of Sep 5, 2006
Nancy HeinenMay 3, 200673,640 shares, last reported balance as of May 3, 2006
Jonathan RubinsteinMay 2, 2006787,920 shares, last reported balance as of Apr 28, 2006
Avadis TevanianApr 11, 20063,108,112 shares, last reported balance as of Apr 7, 2006
Fred AndersonOct 25, 2005299,264 shares, last reported balance as of Oct 24, 2005
James LawrenceJan 15, 2004No balance on record