22 unchanged sentences
Other Information
+Added: On October 31, 2025, the Company announced that Chris Kondo, Senior Director of Corporate Accounting and Principal Accounting Officer, will transition from his role on January 1, 2026.
+Added: Following the transition, Mr.
+Added: Kondo will continue to work on other projects.
+Added: Ben Borders, the Company’s Director of Technical Accounting, will become Senior Director of Corporate Accounting and assume the role of Principal Accounting Officer.
+Added: Borders will report to Kevan Parekh, the Company’s Chief Financial Officer.
Insider Trading Arrangements
−Removed: On August 27, 2024 , Deirdre O’Brien , the Company’s Senior Vice President, Retail , entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
−Removed: The plan provides for the sale, subject to certain price limits, of shares vesting between April 1, 2025 and October 1, 2026, pursuant to certain equity awards granted to Ms.
−Removed: O’Brien, excluding any shares withheld by the Company to satisfy income tax withholding and remittance obligations.
−Removed: O’Brien’s plan will expire on December 31, 2026 , subject to early termination in accordance with the terms of the plan.
−Removed: On August 29, 2024 , Jeff Williams , the Company’s Chief Operating Officer , entered into a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.
−Removed: The plan provides for the sale, subject to certain price limits, of up to 100,000 shares of common stock, as well as shares vesting between April 1, 2025 and October 1, 2025, pursuant to certain equity awards granted to Mr.
−Removed: Williams, excluding any shares withheld by the Company to satisfy income tax withholding and remittance obligations.
−Removed: Williams’ plan will expire on December 15, 2025 , subject to early termination in accordance with the terms of the plan.
Disclosure Regarding Foreign Jurisdictions that Prevent Inspections
1 unchanged sentence
Directors, Executive Officers and Corporate Governance
−Removed: The Company has an insider trading policy governing the purchase, sale and other dispositions of the Company’s securities that applies to all Company personnel, including directors, officers, employees, and other covered persons.
−Removed: The Company also follows procedures for the repurchase of its securities.
−Removed: The Company believes that its insider trading policy and repurchase procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to the Company.
−Removed: A copy of the Company’s insider trading policy is filed as Exhibit 19.1 to this Form 10-K.
−Removed: The remaining information required by this Item will be included in the Company’s definitive proxy statement to be filed with the SEC within 120 days after September 28, 2024, in connection with the solicitation of proxies for the Company’s 2025 annual meeting of shareholders (the “2025 Proxy Statement”), and is incorporated herein by reference.
+Added: The information required by this Item will be included in the Company’s definitive proxy statement to be filed with the SEC within 120 days after September 27, 2025, in connection with the solicitation of proxies for the Company’s 2026 annual meeting of shareholders (“2026 Proxy Statement”), and is incorporated herein by reference.
Executive Compensation
44 unchanged sentences
8-K 4.1 7/31/15
−Removed: 4.9 Officer’s Certificate of the Registrant, dated as of September 17, 2015, including forms of global notes representing the 1.375% Notes due 2024 and 2.000% Notes due 2027.
−Removed: 8-K 4.1 9/17/15
| 2025 Form 10-K | 54
2 unchanged sentences
Period End Date
+Added: 4.9 Officer’s Certificate of the Registrant, dated as of September 17, 2015, including forms of global notes representing the 1.375% Notes due 2024 and 2.000% Notes due 2027.
+Added: 8-K 4.1 9/17/15
4.10 Officer’s Certificate of the Registrant, dated as of February 23, 2016, including forms of global notes representing the Floating Rate Notes due 2019, Floating Rate Notes due 2021, 1.300% Notes due 2018, 1.700% Notes due 2019, 2.250% Notes due 2021, 2.850% Notes due 2023, 3.250% Notes due 2026, 4.500% Notes due 2036 and 4.650% Notes due 2046.
31 unchanged sentences
8-K 4.1 8/5/21
−Removed: Indenture, dated as of October 28, 2021, between the Registrant and The Bank of New York Mellon Trust Company, N.A., as Trustee.
−Removed: S-3 4.1 10/29/21
−Removed: Officer’s Certificate of the Registrant, dated as of August 8, 2022, including forms of global notes representing the 3.250% Notes due 2029, 3.350% Notes due 2032, 3.950% Notes due 2052 and 4.100% Notes due 2062.
−Removed: 8-K 4.1 8/8/22
| 2025 Form 10-K | 55
2 unchanged sentences
Period End Date
+Added: Indenture, dated as of October 28, 2021, between the Registrant and The Bank of New York Mellon Trust Company, N.A., as Trustee.
+Added: S-3 4.1 10/29/21
+Added: Officer’s Certificate of the Registrant, dated as of August 8, 2022, including forms of global notes representing the 3.250% Notes due 2029, 3.350% Notes due 2032, 3.950% Notes due 2052 and 4.100% Notes due 2062.
+Added: 8-K 4.1 8/8/22
Officer’s Certificate of the Registrant, dated as of May 10, 2023, including forms of global notes representing the 4.421% Notes due 2026, 4.000% Notes due 2028, 4.150% Notes due 2030, 4.300% Notes due 2033 and 4.850% Notes due 2053.
8-K 4.1 5/10/23
+Added: Officer’s Certificate of the Registrant, dated as of May 12, 2025, including forms of global notes representing the 4.000% Notes due 2028, 4.200% Notes due 2030, 4.500% Notes due 2032 and 4.750% Notes due 2035.
+Added: 8-K 4.1 5/12/25
Deferred Compensation Plan.
1 unchanged sentence
10.1* Apple Inc.
−Removed: Employee Stock Purchase Plan, as amended and restated as of March 10, 2015.
−Removed: 8-K 10.1 3/13/15
+Added: Employee Stock Purchase Plan, as amended as of Novem ber 6, 2024 .
+Added: 10.1 12/28/24
10.2* Form of Indemnification Agreement between the Registrant and each director and executive officer of the Registrant.
2 unchanged sentences
Non-Employee Director Stock Plan, as amended November 6 , 2024 .
−Removed: 10-Q 10.1 12/25/21
10.4* Apple Inc.
1 unchanged sentence
10-K 10.8 9/30/17
−Removed: 10.5* Form of Restricted Stock Unit Award Agreement under 2014 Employee Stock Plan effective as of September 26, 2017.
−Removed: 10-K 10.20 9/30/17
−Removed: Form of Restricted Stock Unit Award Agreement under Non-Employee Director Stock Plan effective as of February 13, 2018.
Form of Restricted Stock Unit Award Agreement under 2014 Employee Stock Plan effective as of August 18, 2020.
10-K 10.16 9/26/20
−Removed: Form of Restricted Stock Unit Award Agreement under 2014 Employee Stock Plan effective as of September 29, 2019.
−Removed: 10-K 10.15 9/28/19
−Removed: Form of Restricted Stock Unit Award Agreement under 2014 Employee Stock Plan effective as of August 18, 2020.
−Removed: 10-K 10.16 9/26/20
−Removed: Form of Performance Award Agreement under 2014 Employee Stock Plan effective as of August 18, 2020.
−Removed: Form of CEO Restricted Stock Unit Award Agreement under 2014 Employee Stock Plan effective as of September 27, 2020.
−Removed: 10-Q 10.1 12/26/20
−Removed: Form of CEO Performance Award Agreement under 2014 Employee Stock Plan effective as of September 27, 2020.
2022 Employee Stock Plan.
11 unchanged sentences
Form of Restricted Stock Unit Award Agreement under 2022 Employee Stock Plan effective as of September 29, 2024.
+Added: 10.19 9/28/24
Form of Performance Award Agreement under 2022 Employee Stock Plan effective as of September 29, 2024.
Form of CEO Restricted Stock Unit Award Agreement under 2022 Employee Stock Plan effective as of September 29, 2024.
+Added: 10.21 9/28/24
Form of CEO Performance Award Agreement under 2022 Employee Stock Plan effective as of September 29, 2024.
−Removed: I nsider Trading Policy
+Added: 10.22 9/28/24
+Added: Insider Trading Policy.
21.1** Subsidiaries of the Registrant.
4 unchanged sentences
32.1*** Section 1350 Certifications of Chief Executive Officer and Chief Financial Officer.
−Removed: Rule 10D-1 Reco very Pol icy
+Added: Rule 10D-1 Recovery Policy
| 2025 Form 10-K | 56
12 unchanged sentences
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
−Removed: November 1, 2024
−Removed: /s/ Luca Maestri
+Added: October 31, 2025
+Added: /s/ Kevan Parekh
Senior Vice President,
2 unchanged sentences
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Timothy D.
−Removed: Cook and Luca Maestri, jointly and severally, his or her attorneys-in-fact, each with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.
+Added: Cook and Kevan Parekh, jointly and severally, his or her attorneys-in-fact, each with the power of substitution, for him or her in any and all capacities, to sign any amendments to this Annual Report on Form 10-K, and to file the same, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact, or his substitute or substitutes, may do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated:
2 unchanged sentences
Cook Chief Executive Officer and Director
−Removed: (Principal Executive Officer) November 1, 2024
−Removed: /s/ Luca Maestri Senior Vice President, Chief Financial Officer
−Removed: (Principal Financial Officer) November 1, 2024
+Added: (Principal Executive Officer) October 31, 2025
+Added: /s/ Kevan Parekh Senior Vice President, Chief Financial Officer
+Added: (Principal Financial Officer) October 31, 2025
/s/ Chris Kondo Senior Director of Corporate Accounting
−Removed: (Principal Accounting Officer) November 1, 2024
+Added: (Principal Accounting Officer) October 31, 2025
/s/ Wanda Austin
−Removed: Director November 1, 2024
−Removed: /s/ Alex Gorsky Director November 1, 2024
−Removed: /s/ Andrea Jung Director November 1, 2024
+Added: Director October 31, 2025
+Added: /s/ Alex Gorsky Director October 31, 2025
+Added: /s/ Andrea Jung Director October 31, 2025
/s/ Arthur D.
−Removed: Levinson Director and Chair of the Board November 1, 2024
−Removed: /s/ Monica Lozano Director November 1, 2024
+Added: Levinson Director and Chair of the Board October 31, 2025
+Added: /s/ Monica Lozano Director October 31, 2025
MONICA LOZANO
/s/ Ronald D.
−Removed: Sugar Director November 1, 2024
−Removed: Wagner Director November 1, 2024
+Added: Sugar Director October 31, 2025
+Added: Wagner Director October 31, 2025
| 2025 Form 10-K | 58
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.