Form 4: Apogee Enterprises Director Lloyd Emerson Johnson Sells $24,000 in Common Stock
SEC Form 4
Director Lloyd Emerson Johnson sold 24,000 shares of Apogee Enterprises (APOG) common stock at an average price of $63.13 on May 2, 2024.
Summary
- On May 2, 2024, Lloyd Emerson Johnson, a director of Apogee Enterprises, Inc. (APOG), sold 24,000 shares of common stock.
- The sale was executed at a price of $63.13 per share, totaling $1,515,120.
- Following the transaction, Johnson directly owns 260 shares and indirectly owns shares through a family trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the trading activities of company directors. It's common for directors to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of transaction: Lloyd Emerson Johnson sold 24,000 shares of Apogee Enterprises common stock. |
| 05/06/2024 | Date of signature: Meghan M Elliott, Attorney-in-Fact for Lloyd E. Johnson, signed the Form 4. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.