Form 4: Apogee Enterprises Executive Troy R. Johnson Sells 12,000 Shares

Sentiment:

SEC Form 4 Filing


Troy R. Johnson, President of Architectural Services at Apogee Enterprises, sold 12,000 shares of common stock at an average price of $61.06 on April 23, 2024.

Summary

  • On April 23, 2024, Troy R. Johnson, the President of Architectural Services at Apogee Enterprises, sold 12,000 shares of the company's common stock.
  • The sale was executed at a weighted average price of $61.06 per share, with individual prices ranging from $59.92 to $62.10.
  • Following the transaction, Johnson directly owns 33,433 shares of Apogee Enterprises.
  • This total 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: Neutral sentiment as it's a standard Form 4 filing indicating an executive stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This filing is a routine disclosure of insider trading activity. It's important to monitor such filings to understand executive sentiment and potential future actions.

Stakeholder Impact

  • The sale of shares by a company executive could be perceived negatively by shareholders if they interpret it as a lack of confidence in the company's future performance.

Key Dates

DateDescription
04/19/2024Shares allocated under the Employee Stock Purchase Plan as of this date are included in the total shares owned.
04/23/2024Date of the transaction where 12,000 shares of common stock were sold.
04/25/2024Date of the Form 4 filing.

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