Lakkundi Veena M 4

What Happened
Veena Lakkundi, President of Performance Surfaces at Apogee Enterprises (APOG), had 1,306 shares disposed on April 30, 2026 as a payment to cover tax liability (code F). The shares were valued at $36.40 each, for a total of approximately $47,538. This was a share withholding to satisfy taxes (routine administrative disposition), not an open-market sale intended as a trading signal.

Key Details

• Transaction date: 2026-04-30; Filing date: 2026-05-04 (Form 4 accession 0001820707-26-000007).
• Shares withheld/disposed: 1,306 at $36.40 — total ≈ $47,538.
• Transaction type: F — payment of exercise price or tax liability (share withholding).
• Footnotes: F1 indicates the aggregate number of shares withheld for tax liability; F2 notes the shares relate to restricted stock granted under the 2019 Stock Incentive Plan.
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context
Share withholding to cover taxes is a common, administrative action when restricted stock vests or options are exercised; it does not necessarily reflect the insider’s view of the company’s stock. For retail investors, such transactions are typically neutral — informative about compensation events but less indicative of buying or selling conviction than open-market purchases or sales.