Form 4: Apogee Enterprises Director Frank Heard Reports Routine Share Dispositions for Tax Purposes
Insider Transaction Report
Apogee Enterprises, Inc. Director Frank Heard has reported the disposition of 892 shares of common stock on June 25, 2025, at a price of $38.93 per share, primarily for tax withholding purposes.
Summary
- Frank Heard, a Director at APOGEE ENTERPRISES, INC. (APOG), reported two separate dispositions of common stock on June 25, 2025.
- The first disposition involved 347 shares of common stock at a price of $38.93 per share.
- The second disposition involved 545 shares of common stock at a price of $38.93 per share.
- Both transactions were coded 'F', indicating they were for the payment of tax liability by delivering or withholding securities.
- Following these transactions, Frank Heard's beneficial ownership includes 9,835 shares (comprising 1,262 restricted stock units and 8,573 shares of common stock) and a separate holding of 9,290 shares of common stock.
- The total number of shares disposed of was 892.
Sentiment
Score: 5
Explanation: The document reports a routine insider transaction (tax withholding) which is neutral in sentiment and does not indicate a change in company performance or outlook.
Future Outlook
The document does not contain any forward-looking statements or guidance.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction, specifically a disposition of shares for tax purposes. It does not provide information related to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction by a director, not a discretionary sale indicating a change in confidence.
Key Dates
| Date | Description |
|---|---|
| 06/25/2025 | Date of reported stock transactions (disposition of shares). |
| 06/27/2025 | Date the Form 4 filing was signed by the reporting person's attorney-in-fact. |
Keywords
APOGEE ENTERPRISES, APOG, SEC Form 4, Insider Transaction, Director Stock Sale, Tax Withholding, Common Stock, Beneficial Ownership
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