Nolan Donald A 4

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.