Form 4: Apogee Enterprises Director Mark Pompa Receives Deferred Restricted Stock Units

Apogee Enterprises, Inc. Director Mark A. Pompa was granted 2,954 deferred restricted stock units as part of his compensation, increasing his total beneficial ownership to 24,188 units.

Summary

• Mark A. Pompa, a Director at Apogee Enterprises, Inc. (APOG), acquired 2,954 deferred restricted stock units (RSUs) on June 25, 2025.
• The RSUs were allocated under the company's 2009 Non-Employee Director Stock Incentive Plan and the 2019 Non-Employee Director Stock Plan.
• These units will be settled on a 1-for-1 basis in shares of common stock following Mr. Pompa's termination from the Board or upon other specified plan events.
• Following this transaction, Mr. Pompa's total beneficial ownership of deferred restricted stock units stands at 24,188.
• The total beneficial ownership includes units acquired through a dividend equivalent feature of the aforementioned stock plans.

Sentiment

Score: 6

Explanation: The sentiment is mildly positive as it indicates a director's continued equity stake and alignment with shareholder interests, which is a standard and generally favorable corporate action.

Positives

• The acquisition of deferred restricted stock units by a director aligns management's interests with those of shareholders, as the value of the units is tied to the company's stock performance.
• The grant is part of established non-employee director compensation plans (2009 and 2019), indicating a structured approach to executive incentives.

Future Outlook

The deferred restricted stock units are expected to settle into shares of common stock following the director's termination from the Board or upon the occurrence of other events specified in the respective stock plans.

Industry Context

This Form 4 filing represents a routine insider transaction related to director compensation. Such equity grants are a common practice across various industries to incentivize and retain non-employee directors by aligning their financial interests with the long-term performance of the company.

Corporate Governance

Related Party Transactions

• The grant of deferred restricted stock units to a director constitutes a related party transaction, as it involves compensation provided to a member of the company's board.

Stakeholder Impact

• Shareholders: The grant of equity to a director helps align the director's financial interests with those of the shareholders, potentially encouraging decisions that enhance long-term stock value.

Next Steps

• Settlement of the deferred restricted stock units into common stock upon the director's termination from the Board or other specified events as per the plan.

Key Dates

Keywords

Apogee Enterprises, APOG, Mark A. Pompa, Director Compensation, Restricted Stock Units, RSUs, Insider Transaction, SEC Form 4, Equity Compensation, Corporate Governance