Form 4: Apogee Enterprises CEO Ty Silberhorn Reports Stock Transactions
SEC Form 4
CEO Ty Silberhorn reports acquisition and disposal of Apogee Enterprises stock, including shares vesting over time and performance-based units.
Summary
- On April 22, 2025, Ty Silberhorn, CEO and President of Apogee Enterprises, reported several transactions involving the company's common stock.
- He acquired 28,608 shares at $45.61, which vest over a three-year period.
- Additionally, he acquired 26,310 performance share units based on corporate financial performance criteria at $45.61.
- Silberhorn also disposed of 12,945 shares at $45.61 to cover withholding taxes.
- Following these transactions, Silberhorn beneficially owns 149,305 shares of Apogee Enterprises stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, so it doesn't inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC when company insiders, like the CEO, trade in their company's stock. It provides transparency to investors about the transactions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, as insider trading activity is often scrutinized.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of stock transactions (acquisition and disposal). |
| 04/24/2025 | Shares allocated under the Employee Stock Purchase Plan as of this date. |
| 04/24/2025 | Date of signature by Attorney-in-Fact. |
| 04/30/2026 | First vesting date for one-third of the acquired shares. |
| 04/30/2027 | Second vesting date for one-third of the acquired shares. |
| 04/30/2028 | Final vesting date for one-third of the acquired shares. |
Keywords
Apogee Enterprises, Ty Silberhorn, stock transactions, Form 4, SEC, beneficial ownership, performance share units, vesting, withholding taxes
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