Form 4: Apogee Enterprises Director Donald A. Nolan Reports Changes in Beneficial Ownership

Director Donald A. Nolan reports changes in beneficial ownership of Apogee Enterprises, Inc. securities, including phantom stock units and deferred restricted stock units, acquired through dividend equivalent reinvestments.

Summary

• On September 30, 2024, Director Donald A. Nolan reported changes in his beneficial ownership of Apogee Enterprises, Inc. securities.
• These changes involve the acquisition of phantom stock units and deferred restricted stock units.
• The phantom stock units were allocated under the Deferred Compensation Plan for Non-Employee Directors and will be settled in shares of common stock after termination from the Board.
• The deferred restricted stock units were allocated under the 2009 and 2019 Non-Employee Director Stock Incentive Plans and will also be settled in shares of common stock after termination from the Board.
• The acquisitions were made pursuant to a dividend equivalent reinvestment feature of these plans.
• The price per share for the underlying common stock is $70.02.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The filing reflects standard director compensation practices and doesn't indicate any significant positive or negative events for the company.

Future Outlook

The phantom stock units and deferred restricted stock units will be settled in shares of common stock following the director's termination from the Board, in accordance with the terms of the respective plans and the director's elections.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding director compensation and alignment of interests.

Key Dates