Form 4: Apogee Enterprises Executive Brent C. Jewell Reports Sale of 7,500 Shares
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
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction: Sale of 7,500 shares of common stock. |
| 05/01/2024 | Date of report: Form 4 filing date. |
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