Apple’s 2026 Annual Shareholder Meeting Set for February 24
Apple Inc. has scheduled its annual shareholder meeting for February 24, 2026, at 11 a.m. Eastern Time. This pivotal event offers shareholders the opportunity to vote on key company matters and engage directly with Apple’s leadership.
Agenda Highlights
The meeting’s agenda encompasses several critical items:
– Board of Directors Election: Shareholders will vote on the re-election of current board members or the appointment of new directors.
– Ratification of Accounting Firm: The appointment of Apple’s independent registered public accounting firm for the fiscal year 2026 will be up for ratification.
– Non-Employee Director Stock Plan: A proposal concerning the stock compensation plan for non-employee directors will be presented.
– Executive Compensation: Shareholders will have the chance to approve or disapprove the compensation packages for Apple’s executive team.
– Shareholder Proposal on Manufacturing in China: A proposal addressing Apple’s manufacturing operations in China will be discussed and voted upon.
CEO’s Letter to Shareholders
In a letter included in the SEC filing, CEO Tim Cook highlighted Apple’s achievements in 2025, including the launch of the AirPods Pro 3, the iPhone 17 series, and the upgraded M5 Apple Vision Pro. Cook emphasized the company’s commitment to privacy, security, and accessibility in product design.
Executive Compensation Details
The filing also disclosed Tim Cook’s target compensation for 2025, totaling $59 million. This includes a base salary of $3 million, a $6 million target cash incentive, and a $50 million equity award, with 25% subject to time-based vesting and 75% to performance-based vesting.
Shareholder Proposal on China Operations
A notable shareholder proposal from the National Center for Public Policy Research calls for an evaluation of the risks and costs associated with Apple’s operations in China. Concerns cited include potential tariff increases, China’s control over rare earth minerals, and past espionage incidents. Apple’s Board recommends voting against this proposal, stating that existing reports already provide extensive information on international operations.
Financial Performance
Apple reported a record revenue of $416.2 billion for the fiscal year 2025, with a 14% year-over-year growth in services. The company also experienced significant success in emerging markets, including India, Latin America, and the Middle East.
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