---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-035325"
form_type: "8-K/A"
ticker: "AAPL"
cik: "0000320193"
company_name: "Apple Inc."
filed_at: "2026-09-01T20:30:35+00:00"
generated_at: "2026-09-01T20:31:07.433751+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apple discloses CEO transition compensation: Ternus $3M salary, $55M equity; Cook $2M, $45M

## Summary
- John Ternus becomes CEO Sept 1, 2026; salary $3M, prorated RSU $2.5M for fiscal 2026.
- Ternus fiscal 2027 equity award $55M: 75% performance-based RSUs (TSR vs S&P 500), 25% time-based.
- Tim Cook becomes Executive Chair; salary $2M effective Sept 26, 2026.
- Cook fiscal 2027 equity award $45M: 50% performance-based, 50% time-based; retirement vesting after 1 year.

## SEC filing metadata
- accession: 0001140361-26-035325
- form_type: 8-K/A
- ticker: AAPL
- cik: 0000320193
- company_name: Apple Inc.
- filed_at: 2026-09-01T20:30:35+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320193/000114036126035325/0001140361-26-035325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320193/000114036126035325/ef20081427_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-035325
- JSON: https://secwatch.observer/filing/0001140361-26-035325.json
- Plain text: https://secwatch.observer/filing/0001140361-26-035325.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.