Form 4: Apogee Enterprises Executive Troy R. Johnson Reports Stock Award

Troy R. Johnson, President of Architectural Services at Apogee Enterprises, reports the acquisition of 3,080 shares of common stock on May 1, 2024, as part of a vesting schedule.

Summary

• On May 1, 2024, Troy R. Johnson, President of Architectural Services at Apogee Enterprises, acquired 3,080 shares of common stock at a price of $62.53 per share.
• These shares are subject to a three-year vesting schedule, with one-third vesting annually on May 1, 2025, April 30, 2026, and April 30, 2027.
• Following the transaction, Johnson directly owns 33,450 shares of Apogee Enterprises, Inc.
• This total includes shares allocated under the Employee Stock Purchase Plan as of May 1, 2024, and shares of restricted stock granted under the 2019 Stock Incentive Plan.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The acquisition of shares by an executive is generally viewed positively, but the document itself is purely informational.

Positives

• The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the holdings of key personnel and aligns their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates