Form 4: Apogee Enterprises Director Gifts Shares to Family Trust
Insider Transaction Report
Patricia K. Wagner, a Director at Apogee Enterprises, Inc., gifted 2,358 shares of common stock to a family trust on July 8, 2025.
Summary
- Patricia K. Wagner, a Director of Apogee Enterprises, Inc. (APOG), engaged in a transaction involving common stock.
- On July 8, 2025, Wagner gifted 2,358 shares of common stock.
- The shares were gifted to a trust for the benefit of Wagner and their spouse, with both serving as trustees.
- The transaction price for the gifted shares was $0.
- Following this transaction, Wagner directly beneficially owns 5,019 shares of common stock, which includes shares of restricted stock granted under the 2019 Non-Employee Director Stock Plan.
- Additionally, Wagner indirectly beneficially owns 22,558 shares of common stock through a Family Trust.
Sentiment
Score: 5
Explanation: The Form 4 reports a personal gift transaction by a director, which is a neutral event regarding the company's operational or financial performance. It reflects an insider's estate planning rather than a change in company fundamentals.
Positives
- Director Patricia K. Wagner continues to hold a significant number of shares, with 5,019 shares directly and 22,558 shares indirectly through a Family Trust, indicating continued alignment with shareholder interests.
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
This filing reports a routine insider transaction (a gift of shares) by a director of Apogee Enterprises, Inc. Such transactions are personal financial planning events and do not typically reflect broader industry trends or competitive dynamics.
Related Party Transactions
- Gift of 2,358 shares of common stock by Director Patricia K. Wagner to a trust for the benefit of themselves and their spouse, where both are trustees.
Stakeholder Impact
- Shareholders: No direct impact on company operations or financial performance. The transaction reflects a personal estate planning decision by a director.
Key Dates
| Date | Description |
|---|---|
| 07/08/2025 | Date of transaction where Patricia K. Wagner gifted shares. |
| 07/10/2025 | Date the Form 4 was signed by the attorney-in-fact for Patricia K. Wagner. |
Keywords
APOGEE ENTERPRISES, APOG, Form 4, Insider Transaction, Stock Gift, Director, Beneficial Ownership, Common Stock, Trust
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