Form 4: Apogee Enterprises Director Pompa Acquires Additional Phantom Stock and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Mark A. Pompa acquired additional phantom stock units and deferred restricted stock units in Apogee Enterprises through dividend equivalent reinvestment features.

Summary

  • On March 31, 2025, Mark A. Pompa, a director of Apogee Enterprises, acquired additional phantom stock units and deferred restricted stock units.
  • These acquisitions were made pursuant to dividend equivalent reinvestment features of the Deferred Compensation Plan for Non-Employee Directors and the 2009/2019 Non-Employee Director Stock Incentive Plans.
  • Pompa acquired 55 phantom stock units at a price of $46.33, bringing his total holdings to 9,803 units.
  • He also acquired 121 deferred restricted stock units at the same price, increasing his total to 21,234 units.
  • Both types of units will be settled in shares of common stock following his termination from the Board or other specified events.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports routine transactions. There are no indications of positive or negative performance, just standard insider activity.

Positives

  • The acquisition of additional stock units demonstrates the director's continued investment and alignment with the company's long-term performance.

Future Outlook

The document does not contain specific forward-looking statements, but it indicates ongoing participation in dividend reinvestment programs.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Key Dates

DateDescription
03/31/2025Date of transaction: Acquisition of phantom stock units and deferred restricted stock units.
04/02/2025Date of signature on the Form 4 filing.

Keywords

Apogee Enterprises, Director, Mark A. Pompa, Phantom Stock Units, Restricted Stock Units, Dividend Reinvestment, Form 4, Insider Trading

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