Apple discloses $58M pay package for new CEO John Ternus, $47M for Cook
Apple discloses new CEO John Ternus’ $58M 2027 pay package and Tim Cook’s $47M chairman comp in an SEC filing.
Archived explainer. For the current picture see today's AAPL page.
APPLE INC (AAPL) is drawing unusual attention today. Our newswire has captured 74 stories on AAPL across 31 sources in the last 36 hours, with AI sentiment reading mixed (avg 54/100).
Apple Inc. stock is moving higher by 3.4% over the last eight sessions, rising from $310.77 to $321.28. The move follows the disclosure of compensation details for the company’s new CEO, John Ternus, and former CEO Tim Cook’s transition to executive chairman. The SEC filings and subsequent media coverage have drawn investor attention to the size and structure of the compensation packages, which include performance-based incentives tied to shareholder returns.
Apple disclosed a $58 million pay package for new CEO John Ternus in an SEC filing. Of this amount, $3 million is an annual salary, and a $55 million equity award is set to vest in fiscal 2027, with 75% of the award tied to Apple’s total shareholder return relative to the S&P 500. Tim Cook, who is stepping down as CEO and will serve as executive chairman, will receive a $47 million compensation package. These figures were reported by multiple outlets including the Wall Street Journal, Bloomberg, and Financial Times, highlighting the significant financial commitments Apple is making to transition leadership.
The company also made a controversial map app change, renaming Lake Ontario to “Lake America,” as part of a directive reportedly from former President Donald Trump. This has drawn public attention but is not directly linked to the stock’s recent movement.
Over the past 36 hours, Apple has seen 86 notable options prints, with call premium reaching $284.3 million versus $77.3 million in put premium. The largest single print was valued at $44.4 million. Additionally, the stock printed 36 fresh 52-week highs and five 52-week lows on September 1, 2026. Insiders have sold $1.4 million in shares over the last 90 days, with the most recent sale on August 27. On the retail front, there have been 16 social media mentions in 24 hours and three Reddit posts in the last seven days discussing Apple stock.
Apple’s next corporate action is a dividend of $0.27 per share, with an ex-date of August 10, 2026. Investors will also be watching for further leadership developments and how the new CEO’s performance-based incentives align with the company’s long-term financial goals.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
Apple discloses new CEO John Ternus’ $58M 2027 pay package and Tim Cook’s $47M chairman comp in an SEC filing.
The change marks the second US-based tech giant to comply with President Donald Trump's controversial order.
The iPhone maker increased John Ternus’s annual salary the day he officially took the helm of Apple.
Pay package signals big role for former CEO as his successor John Ternus gets $58mn
Apple tied 75% of the new CEO’s annual equity target to shareholder return relative to the S&P 500. Neither award is granted until fiscal 2027
For the targeted annual equity award, 75% of that will be granted in performance-based restricted stock units that vest based on Apple's total shareholder return relative to other companies in the S&P 500. The rest will be granted in time-based RSUs that vest semiannually in equal installments of 12.5% over four years, the company said.
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Earlier AAPL move explainers: 2026-09-10 · 2026-09-09 · 2026-09-04 · 2026-09-02 · 2026-09-01 · 2026-08-31 · 2026-08-10 · 2026-08-04 · 2026-07-31 · 2026-07-29 · 2026-07-17 · 2026-07-16