Form 4: Apogee Enterprises CEO Ty R. Silberhorn Reports Changes in Beneficial Ownership

Ty R. Silberhorn, CEO and President of Apogee Enterprises, reports acquisition and disposal of common stock and performance share units.

Summary

• On April 19, 2024, Ty R. Silberhorn, the CEO and President of Apogee Enterprises, reported changes in his beneficial ownership of the company's stock.
• He acquired 34,572 shares of common stock at a price of $57.95 per share as performance share units based on corporate financial performance criteria.
• Silberhorn also disposed of 17,010 shares of common stock at $57.95 per share to cover tax liabilities.
• Following these transactions, Silberhorn beneficially owns 112,439 shares of Apogee Enterprises stock.
• This total includes shares acquired under the Employee Stock Purchase Plan, restricted stock granted under the 2019 Stock Incentive Plan, and restricted stock granted as an inducement award.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions without indicating positive or negative implications for the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the CEO's holdings of Apogee Enterprises stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the CEO's stock transactions.

Key Dates