APOG.NASDAQApogee Enterprises, INC

Form 4: Apogee Enterprises Executive Troy R. Johnson Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4 Filing

📋All filings for Apogee Enterprises, INC
🔒Login to Follow

Troy R. Johnson, President of Architectural Services at Apogee Enterprises, disposed of 3,064 shares of common stock on April 30, 2024, to cover tax liabilities.

Summary

  • On April 30, 2024, Troy R. Johnson, President of Architectural Services at Apogee Enterprises, disposed of 3,064 shares of common stock.
  • The transaction was executed to cover tax liabilities at a price of $61.78 per share.
  • Following the transaction, Johnson directly owns 30,369 shares of Apogee Enterprises stock, which includes shares allocated under the Employee Stock Purchase Plan as of April 19, 2024, and shares of restricted stock granted under the 2019 Stock Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider transaction for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions and doesn't necessarily indicate a change in the company's outlook or performance. It is common for executives to sell shares to cover tax obligations related to stock-based compensation.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, as it is a routine disposal of shares for tax purposes.

Key Dates

DateDescription
04/19/2024Shares allocated under the Employee Stock Purchase Plan as of this date.
04/30/2024Date of the transaction where 3,064 shares were disposed of to cover tax liabilities.
05/02/2024Date of signature for the Form 4 filing.

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.