Alvord Christina M 4
Research Summary
AI-generated summary
Apogee (APOG) Director Christina Alvord Receives 63-Share Award
What Happened
- Christina M. Alvord, a director of Apogee Enterprises, was granted 63 deferred restricted stock units (derivative award) on 2026-06-30. The grant is reported at a per-share value of $45.74, for a total reported value of $2,882. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Filing date: 2026-07-02 (filed timely under Form 4 rules).
- Grant details: 63 deferred restricted stock units recorded at $45.74 each (total $2,882).
- Shares owned after transaction: not specified in this Form 4.
- Footnotes:
- Awarded under the 2019 Non‑Employee Director Stock Plan; units are deferred RSUs that will be settled in common stock following the director’s termination or other plan-specified events (F1).
- Settlement is 1-for-1 into shares (F2).
- Additional units reflect a dividend-equivalent reinvestment feature of the plan (F3).
- Transaction type: derivative award (A). No sale or immediate disposition reported.
Context
- Deferred RSUs are routine director compensation and do not reflect an open-market buy or sell; they convert to shares upon vesting/settlement per the plan rules. The value of this grant is modest (~$2.9k) relative to typical insider trades and should be viewed as compensation rather than a directional trading signal.