Mark Gurman, writing for 9to5mac:

Apple today announced a significant new initiative internally for employees that “effectively [makes] everyone who works for Apple eligible for an RSU grant.” RSU grants, or Restricted Stock Units, have typically been reserved for top Apple management and product engineering roles as a way to retain employee talent for long periods of time. For example, Apple CEO Tim Cook was granted 1 million shares in 2011, following the succession of Steve Jobs, that will vest over time through 2021. According to an email from Cook to all employees today, a similar plan, with obviously much smaller amounts of shares, is now starting.

Follow the link to read Tim’s email. This is an astute business move, and an incredibly generous gesture.