Johnson Troy R 4

What happened

Troy R. Johnson, President of Architectural Metals at Apogee Enterprises (APOG), received stock awards on 2026-04-22 totaling 11,056 shares (8,671 and 2,385-share grants) at a reported value of $35.47 per share — aggregate value about $392,156. On the same date 1,220 shares were disposed/withheld at $35.47 (about $43,273) to cover tax withholding. Net newly acquired shares: 9,836.

Key details

• Transaction date: 2026-04-22; Form filed 2026-04-24 (no late-filing indicator shown).
• Award details: 8,671 shares ($307,560) and 2,385 shares ($84,596) granted at $35.47 per share.
• Tax withholding: 1,220 shares withheld/removed at $35.47 to satisfy tax obligations ($43,273).
• Net change: +9,836 shares (11,056 awarded − 1,220 withheld).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes in the filing:
  • Vesting schedule noted (shares vest over a three-year period with one-third vesting on 4/30/27, 4/30/28 and 4/30/29).
  • Awards include shares from the Employee Stock Purchase Plan and restricted stock under the 2019 Stock Incentive Plan.
  • Some awards are performance share units tied to pre-determined corporate financial metrics.
  • Aggregate shares were withheld to pay withholding taxes.

Context

These transactions are grants/awards (not open-market purchases). The withheld 1,220 shares represent a common cashless tax withholding to cover taxes on the awards and do not necessarily indicate selling for investment reasons. Performance share units are earned based on company performance criteria and some awarded shares are subject to multi-year vesting, so these shares may not be freely tradable immediately.