Form 4: Apogee Enterprises Executive Brent C. Jewell Reports Sale of 7,500 Shares

Sentiment:

SEC Form 4


Brent C. Jewell, President of Architectural Glass at Apogee Enterprises, sold 7,500 shares of common stock at an average price of $61.79 on April 30, 2024.

Summary

  • On April 30, 2024, Brent C. Jewell, President of Architectural Glass at Apogee Enterprises, sold 7,500 shares of the company's common stock.
  • The sale was executed at a weighted average price of $61.79 per share, with prices ranging from $61.73 to $61.98.
  • Following the transaction, Jewell directly owns 27,327 shares of Apogee Enterprises common stock, which includes shares of restricted stock granted under the 2019 Stock Incentive Plan.
  • Jewell also indirectly owns 66 shares through a trust.

Sentiment

Score: 5

Explanation: Neutral. This is a standard disclosure of an insider stock sale, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

  • The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates

DateDescription
04/30/2024Date of transaction: Sale of 7,500 shares of common stock.
05/01/2024Date of report: Form 4 filing date.

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.