Nolan Donald A 4
4 · APOGEE ENTERPRISES, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Apogee (APOG) CEO Donald Nolan Receives Stock Award
What Happened
Donald A. Nolan, CEO of Apogee Enterprises (APOG), was issued two derivative awards on June 30, 2026: 62 units at $45.74 each (value ~$2,836) and 430 units at $45.74 each (value ~$19,668). Both filings are coded as A (award/grant) and represent derivative stock units rather than an open‑market purchase of shares.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed timely).
- Awards: 62 units @ $45.74 (≈ $2,836) and 430 units @ $45.74 (≈ $19,668); total ≈ 492 units worth ~$22,504.
- Transaction code: A (award/grant).
- Shares owned after transaction: not specified in the filing.
- Footnote highlights:
- F1: Settled 1-for-1 (one unit equals one share upon settlement).
- F2/F4: Some units arose from dividend-equivalent reinvestment features.
- F3/F5: Units are phantom/deferred restricted stock units allocated under deferred compensation and non-employee director stock plans and will be settled in common shares upon the plan-specified events (e.g., termination or other triggering events).
Context
These were awards of derivative/phantom or deferred restricted stock units, not open-market purchases. Such units typically convert to actual shares only upon specified events (per the plan rules), so this does not represent an immediate acquisition of tradable shares. The filing does not indicate a sale or cashless exercise.
Insider Transaction Report
- Award
Phantom Stock Units
[F1][F2][F3]2026-06-30$45.74/sh+62$2,836→ 10,675 total→ Common Stock (62 underlying) - Award
Deferred Restricted Stock Units
[F1][F4][F5]2026-06-30$45.74/sh+430$19,668→ 73,275 total→ Common Stock (430 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.