Apple's New Corporate Controller Luca Maestri Receives Stock Rights Worth $15 Million - MacRumors
Skip to Content

Apple's New Corporate Controller Luca Maestri Receives Stock Rights Worth $15 Million

by

luca_maestriFormer Xerox CFO Luca Maestri officially joined Apple as Corporate Controller in late February and a filing with the U.S. Securities and Exchange Commission published earlier today reveals that he received 38,091 restricted stock units (RSUs) in March of this year.

As with most RSUs handed out by Apple, these carry staggered vesting dates with 1/8 of the total number of units converting to actual shares every six months over a four year period.

Apple's restricted stock grants are often issued as incentives to stay with the company because the shares vest over time and require employees to remain employed through each vesting date.

At Apple's current stock price, Maestri's RSUs are worth approximately $15 million, but that total will shift depending on the stock price at the time that the shares vest.

In his role as Corporate Controller, Maestri works directly under Apple senior vice president and Chief Financial Officer Peter Oppenheimer. Before serving as CFO at Xerox, Maestri formerly worked at Nokia Siemens Networks and GM.

Tag: Luca Maestri

Popular Stories

iOS 26

iOS 26.4 Adds Two New Features to CarPlay

Tuesday March 24, 2026 1:55 pm PDT by
iOS 26.4 was released today, and it includes a couple of new features for CarPlay: an Ambient Music widget and support for voice-based chatbot apps. To update your iPhone 11 or newer to iOS 26.4, open the Settings app and tap on General → Software Update. CarPlay will automatically offer the new features so long as the iPhone connected to your vehicle is running iOS 26.4 or later....
Read Full Article • 25 comments
Apple Business hero

Apple Unveils 'Apple Business' All-in-One Platform

Tuesday March 24, 2026 8:53 am PDT by
Apple today announced Apple Business, a new all-in-one platform that unifies device management, productivity tools, and customer outreach features. The service is designed to be a consolidated replacement for several of Apple's existing business-focused offerings, including Apple Business Essentials, Apple Business Manager, and Apple Business Connect. It provides organizations with a single...
Read Full Article • 47 comments
AirPods Pro Firmware Feature

Apple Releases New Firmware for AirPods Pro 3, AirPods Pro 2 and AirPods 4

Tuesday March 24, 2026 12:31 pm PDT by
Apple today released new firmware for the AirPods Pro 2, AirPods Pro 3, and the AirPods 4. The firmware has a version number of 8B39, up from 8B34 on the AirPods Pro 3, 8B28 on the AirPods Pro 2, and 8B21 on the AirPods 4. There is no word on what's included in the firmware, but Apple has a support document with limited notes. Most updates are limited to bug fixes and performance...
Read Full Article • 88 comments

Top Rated Comments

Kaibelf Avatar
Kaibelf
169 months ago
Hooray. Another fat cat gets stock worth $15 MILLION for sitting on his lazy arse while 90% of everyone else in the country makes $7 an hour working theirs off. That is a newsworthy RUMOR? :rolleyes:
Do you have any idea how much time and hard work as well as study it takes to get to this point in a career like his? Sorry if you were too LAZY to apply yourself when it counted, but this is money he's earned, and calling him "another fat cat" is just an easy way for people to make excuses for their own lack of initiative.
Score: 23 Votes (Like | Disagree)
MagnusVonMagnum Avatar
MagnusVonMagnum
169 months ago
Hooray. Another fat cat gets stock worth $15 MILLION for sitting on his lazy arse while 90% of everyone else in the country makes $7 an hour working theirs off. That is a newsworthy RUMOR? :rolleyes:
Score: 21 Votes (Like | Disagree)
tech4all Avatar
tech4all
169 months ago
Hooray. Another fat cat gets stock worth $15 MILLION for sitting on his lazy arse while 90% of everyone else in the country makes $7 an hour working theirs off. That is a newsworthy RUMOR? :rolleyes:

Cry me a river. :rolleyes:
Score: 10 Votes (Like | Disagree)
M
macman34
169 months ago
He doesn't look like a weasel at all...

Do you have any idea how much time and hard work as well as study it takes to get to this point in a career like his? Sorry if you were too LAZY to apply yourself when it counted, but this is money he's earned, and calling him "another fat cat" is just an easy way for people to make excuses for their own lack of initiative.

You are either too naive, or expect others to be naive. Plenty of people put in "hard work and study", the royal road to such echelons though is via arse kissing, back stabbing and ruthlessness.
Score: 9 Votes (Like | Disagree)
Battlefield Fan Avatar
Battlefield Fan
169 months ago
Cry me a river. :rolleyes:

No.
Score: 9 Votes (Like | Disagree)
P
petsounds
169 months ago
Do you have any idea how much time and hard work as well as study it takes to get to this point in a career like his? Sorry if you were too LAZY to apply yourself when it counted, but this is money he's earned, and calling him "another fat cat" is just an easy way for people to make excuses for their own lack of initiative.

Salaries and stock options aren't given as some sort of gold star for prior efforts; they are given as an advance on future contributions to the company.

At least in theory. In practice, it's a elite boy's club of rich people giving other rich people money for not working any harder, and often less hard, than employees lower on the totem pole.
Score: 7 Votes (Like | Disagree)
Read All Comments