Form 4: Apogee Enterprises Director Alvord Receives Deferred Restricted Stock Units

Christina M. Alvord, a director at Apogee Enterprises, received additional deferred restricted stock units under the company's 2019 Non-Employee Director Stock Plan.

Summary

• On March 31, 2025, Christina M. Alvord, a director of Apogee Enterprises, Inc., was granted 42 deferred restricted stock units (DRSUs).
• These DRSUs were allocated pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan.
• The DRSUs will be settled in shares of common stock following the director's termination from the Board or upon the occurrence of other specified events.
• Following the transaction, Alvord directly owns 7,320 shares of Apogee Enterprises common stock.
• The price of the derivative security is $46.33.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally neutral to positive as it aligns director interests with shareholders. There are no indications of negative sentiment.

Positives

• The allocation of deferred restricted stock units aligns the director's interests with those of the shareholders.
• The dividend equivalent reinvestment feature allows for the accumulation of additional shares over time.

Future Outlook

The deferred restricted stock units will be settled in shares of common stock following the director's termination from the Board in accordance with the election of the reporting person, or following the occurrence of other events specified in the Plan.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies. It reflects standard practices for incentivizing and retaining board members.

Stakeholder Impact

• The granting of deferred restricted stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Apogee Enterprises, Director, Deferred Restricted Stock Units, Stock Plan, Dividend Equivalent, Beneficial Ownership, Form 4, Alvord