Apple bars employees from using confidential information in prediction markets

Apple’s updated insider-trading policy prohibits employees from using work-related confidential information to trade or bet on prediction markets, and from sharing that information with others participating in them. The restriction applies even when the activity does not qualify as insider or securities trading under applicable law.

• Apple added a specific ban on prediction-market activity involving confidential information in its updated insider-trading policy, published with its fiscal 2026 Form 10-K.· 1 source
• The policy covers information about Apple and other companies, including suppliers, vendors, customers, and business partners, when obtained through an employee’s work at Apple.· 1 source
• Employees may not tip confidential information to people who could participate in prediction markets; the restriction applies whether or not the activity falls under applicable insider-trading or securities laws.· 1 source