Form 4: Apogee Enterprises CEO Ty Silberhorn Reports Stock Disposal for Tax Obligations

CEO Ty Silberhorn of Apogee Enterprises reports disposing of shares to cover tax liabilities, while still holding a significant amount of company stock.

Summary

• On April 30, 2025, Ty R. Silberhorn, CEO and President of Apogee Enterprises, disposed of 6,565 shares of common stock to cover tax liabilities.
• The transaction was executed at a price of $39.67 per share.
• Following the transaction, Silberhorn directly owns 142,740 shares of Apogee Enterprises.
• This includes shares allocated under the Employee Stock Purchase Plan as of May 2, 2025, and shares of restricted stock granted under the 2019 Stock Incentive Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant change in the executive's position or the company's outlook.

Positives

• Silberhorn maintains a substantial direct ownership stake of 142,740 shares in Apogee Enterprises, indicating continued alignment with the company's success.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.

Key Dates

Keywords

Apogee Enterprises, Silberhorn, Stock Disposal, Form 4, SEC Filing, Insider Trading, Tax Liabilities, Common Stock, Beneficial Ownership