Nolan Donald A 4
4 · APOGEE ENTERPRISES, INC. · Filed Apr 1, 2026
Research Summary
AI-generated summary of this filing
Apogee (APOG) CEO Donald Nolan Receives Share Awards
What Happened
Donald A. Nolan, CEO of Apogee Enterprises, was awarded a total of 665 derivative share units on March 31, 2026. The grants consisted of 85 units and 580 units, each valued at $33.54, for a combined value of $22,304. These were recorded as awards/acquisitions (transaction code A) and are derivative awards (phantom or deferred restricted stock units), not open-market purchases or sales.
Key Details
- Transaction date: 2026-03-31; filing date (Form 4): 2026-04-01 (appears timely).
- Grants: 85 units @ $33.54 = $2,851; 580 units @ $33.54 = $19,453; total 665 units, $22,304.
- Transaction code: A (grant/award/acquisition); reported as derivative securities.
- Shares owned after transaction: not disclosed in the filing.
- Notable footnotes: F1 indicates 1-for-1 settlement; F2/F4 note additional units acquired via a dividend-equivalent reinvestment feature; F3/F5 describe that the phantom/deferred restricted stock units are allocated under the company’s deferred compensation/stock incentive plans and will be settled in common stock following termination or other plan-specified events.
Context
These awards are deferred/derivative units that convert to shares under plan rules (not an immediate cash purchase or sale). Dividend-equivalent reinvestment features increased the unit counts. Such awards are part of compensation/deferral programs and should be viewed as grant activity rather than a direct bullish or bearish trade by the insider.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2][F3]2026-03-31$33.54/sh+85$2,851→ 10,613 total→ Common Stock (85 underlying) - Award
Deferred Restricted Stock Units
[F1][F4][F5]2026-03-31$33.54/sh+580$19,453→ 72,845 total→ Common Stock (580 underlying)
Footnotes (5)
- [F1]Settled 1-for-1.
- [F2]Additional phantom stock units acquired pursuant to a dividend equivalent reinvestment feature of the Deferred Compensation Plan for Non-Employee Directors.
- [F3]The phantom stock units were allocated under the Deferred Compensation Plan for Non-Employee Directors. The phantom stock units will be settled in shares of common stock following the director's termination from the Board in accordance with the election of the reporting person, or following the occurrence of other events specified in the Plan.
- [F4]Additional deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2009 Non-Employee Director Stock Incentive Plan, the 2019 Non-Employee Director Stock Plan and the 2019 Stock Incentive Plan.
- [F5]The deferred restricted stock units were allocated under the 2009 Non-Employee Director Stock Incentive Plan, the 2019 Non-Employee Director Stock Plan and the 2019 Stock Incentive Plan. The deferred restricted stock units will be settled in shares of common stock following the director's termination from the Board in accordance with the election of the reporting person, or following the occurrence of other events specified in the Plan.