Form 4: Apogee Enterprises Executive Jane Marie Boyce Reports Stock Transactions

Jane Marie Boyce, President of Large Scale Optical at Apogee Enterprises, reports the disposition of shares for tax liability and a gift to a family trust.

Summary

• On April 30, 2024, Jane Marie Boyce, President of Large Scale Optical at Apogee Enterprises, engaged in transactions involving the company's common stock.
• 1,710 shares were disposed of to cover tax liabilities at a price of $61.78 per share.
• Boyce also gifted 25,499 shares to a family trust for her benefit, with her spouse as a contingent beneficiary, and she serves as the sole trustee.
• Following these transactions, Boyce directly owns 20,123 shares, including restricted stock granted under the 2019 Stock Incentive Plan, and indirectly owns 25,499 shares through the family trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.

Related Party Transactions

• The gift of shares to a family trust, of which the reporting person is the sole trustee and beneficiary, with their spouse as a contingent beneficiary, constitutes a related party transaction.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they represent a small portion of the company's outstanding shares and are related to personal financial planning.

Key Dates