4/A: Apogee Enterprises Director Lloyd Emerson Johnson Reports Stock Transactions

Director Lloyd Emerson Johnson reports acquisition and disposal of Apogee Enterprises stock and deferred restricted stock units.

Summary

• On January 2, 2025, Lloyd Emerson Johnson, a director of Apogee Enterprises, settled 2,811 deferred restricted stock units for common stock.
• This transaction resulted in the disposal of 2,811 shares of common stock.
• Following the reported transactions, Johnson beneficially owns 4,531 shares of common stock and 18,531 deferred restricted stock units.
• On December 31, 2024, Johnson acquired 75 additional deferred restricted stock units under the 2009 and 2019 Non-Employee Director Stock Incentive Plans due to a dividend equivalent reinvestment feature.
• These deferred restricted stock units were allocated under the stock incentive plans and will be settled in shares of common stock following Johnson's termination from the Board or other specified events.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of company leadership.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency regarding insider trading.
• Companies like Oldcastle BuildingEnvelope, Kawneer, and EFCO are competitors of Apogee in the architectural products and services industry, and their executives would also be subject to similar reporting requirements for stock transactions.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates