Augdahl Mark Richard 4
Research Summary
AI-generated summary
Apogee (APOG) CFO Mark Augdahl Withholds 1,980 Shares for Taxes
What Happened
- Mark Richard Augdahl, Chief Financial Officer of Apogee Enterprises, had 1,980 shares withheld to satisfy tax withholding tied to an award. The shares were valued at $36.40 each for a total value of $72,072. This was recorded as a tax-withholding disposal (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-04-30; Filing date: 2026-05-04 (filed within the two-business-day window).
- Price used: $36.40 per share; Total value of shares withheld: $72,072.
- Shares withheld: 1,980 (disposed to cover tax liability).
- Shares owned after transaction: not disclosed in the provided summary—see the full Form 4 for post-transaction holdings.
- Footnotes: F1 indicates these shares were withheld to cover tax liability; F2 notes the shares relate to restricted stock granted under the 2019 Stock Incentive Plan.
- Transaction code: F (payment of exercise price or tax liability / shares withheld).
Context
- This is a routine tax-withholding action connected to an equity award (restricted stock), not a sale intended to raise cash in the market. Such withholdings are common when awards vest and do not necessarily indicate the insider's view on the company’s prospects.