Apple Inc. Files 8-K: Director Changes and Debt Issuances

Ticker: AAPL · Form: 8-K · Filed: 2024-08-26T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, debt-issuance, officer-changes

Related Tickers: AAPL

TL;DR

Apple's 8-K drops: new board members and a bunch of new debt. 🍎

AI Summary

Apple Inc. filed an 8-K on August 26, 2024, reporting changes related to its directors and officers, including the election of new directors and updates to compensatory arrangements. The filing also details various debt issuances, such as $375 million in notes due 2029 and $2 billion in notes due 2027, reflecting ongoing capital management activities.

Why It Matters

This filing signals potential shifts in Apple's corporate governance and provides insight into its financing strategies through the issuance of new debt.

Risk Assessment

Risk Level: low — The filing primarily concerns routine corporate governance updates and debt issuances, which are standard for a company of Apple's size and do not indicate immediate operational risks.

Key Numbers

Key Players & Entities

FAQ

What specific changes were made regarding directors or officers?

The filing indicates the 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers', suggesting changes in leadership and compensation structures.

What is the total value of the debt issuances mentioned?

The filing lists various notes, including $375 million due 2029, $2 billion due 2027, $3.600 billion due 2042, and others, indicating multiple debt financing activities.

When was this 8-K form filed?

The 8-K form was filed on August 26, 2024.

What is Apple Inc.'s primary business classification?

Apple Inc. is classified under 'ELECTRONIC COMPUTERS [3571]'.

What are some of the specific note series mentioned in the filing?

The filing mentions series such as 'One375NotesDue2029Member', 'Zero000NotesDue2025Member', 'Two000NotesDue2027Member', and 'Three600NotesDue2042Member'.

From the Filing

0001140361-24-038601.txt : 20240826 0001140361-24-038601.hdr.sgml : 20240826 20240826172033 ACCESSION NUMBER: 0001140361-24-038601 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240826 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240826 DATE AS OF CHANGE: 20240826 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Apple Inc. CENTRAL INDEX KEY: 0000320193 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 942404110 STATE OF INCORPORATION: CA FISCAL YEAR END: 0928 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36743 FILM NUMBER: 241242410 BUSINESS ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 BUSINESS PHONE: (408) 996-1010 MAIL ADDRESS: STREET 1: ONE APPLE PARK WAY CITY: CUPERTINO STATE: CA ZIP: 95014 FORMER COMPANY: FORMER CONFORMED NAME: APPLE INC DATE OF NAME CHANGE: 20070109 FORMER COMPANY: FORMER CONFORMED NAME: APPLE COMPUTER INC DATE OF NAME CHANGE: 19970808 8-K 1 ny20033611x3_8k.htm FORM 8-K true true true true true true true true NASDAQ NASDAQ NASDAQ NASDAQ NASDAQ NASDAQ NASDAQ NASDAQ NASDAQ false 0000320193 0000320193 2024-08-26 2024-08-26 0000320193 aapl:One375NotesDue2029Member 2024-08-26 2024-08-26 0000320193 aapl:Zero000NotesDue2025Member 2024-08-26 2024-08-26 0000320193 aapl:Zero500NotesDue2031Member 2024-08-26 2024-08-26 0000320193 aapl:Two000NotesDue2027Member 2024-08-26 2024-08-26 0000320193 us-gaap:CommonStockMember 2024-08-26 2024-08-26 0000320193 aapl:Three050NotesDue2029Member 2024-08-26 2024-08-26 0000320193 aapl:Three600NotesDue2042Member 2024-08-26 2024-08-26 0000320193 aapl:One625NotesDue2026Member 2024-08-26 2024-08-26 0000320193 aapl:Zero875NotesDue2025Member 2024-08-26 2024-08-26  UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 August 26, 2024 Date of Report (Date of earliest event reported) Apple Inc. (Exact name of Registrant as specified in its charter) California (State or other jurisdiction of incorporation) 001-36743 (Commission File Number) One Apple Park Way Cupertino , California 95014 (Address of principal executive offices) (Zip Code) ( 408 ) 996-1010 (Registrant’s telephone number, including area code) Not applicable (Former name or former address, if changed since last report.) 94-2404110 (I.R.S. Employer Identification No.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $0.00001 par value per share AAPL The Nasdaq Stock Market LLC 0.000% Notes due 2025 — The Nasdaq Stock Market LLC 0.875% Notes due 2025 — The Nasdaq Stock Market LLC 1.625% Notes due 2026 — The Nasdaq Stock Market LLC 2.000% Notes due 2027 — The Nasdaq Stock Market LLC 1.375% Notes due 2029 — The Nasdaq Stock Market LLC 3.050% Notes due 2029 — The Nasdaq Stock Market LLC 0.500% Notes due 2031 — The Nasdaq Stock Market LLC 3.600% Notes due 2042 — The Nasdaq Stock Market LLC Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act o

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