Lakkundi Veena M 4

What Happened

• Veena M. Lakkundi, President, Performance Surfaces at Apogee Enterprises (APOG), was granted 9,583 shares of restricted stock on April 22, 2026. The award price is reported at $35.47 per share, valuing the grant at approximately $339,909. This transaction is recorded as an award/grant (transaction code A) — a compensation equity grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-22; filing date (Form 4): 2026-04-24 (filed two days after the transaction).
• Price per share: $35.47; total value: ~$339,909.
• Vesting: Shares vest over three years — one-third on 4/30/2027, one-third on 4/30/2028, and one-third on 4/30/2029 (see footnote F1).
• Plan: Awarded under the 2019 Stock Incentive Plan (footnote F2).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Transaction code: A (Grant/Award/Other acquisition). No 10b5-1, tax-withholding, or late-filing flags are noted in the supplied data.

Context

• Restricted stock grants are a form of compensation that vest over time; they are not immediate open-market purchases and do not by themselves indicate an insider buying or selling shares on the market. This award increases insider equity exposure to the company but will not be fully owned or tradable until vesting conditions are met.