Welp Bryan Alan 4

What Happened

• Bryan Alan Welp, Vice President and General Counsel of Apogee Enterprises (APOG), was granted 1,992 shares on 2026-02-02 as an award (transaction code A). The filing reports an acquisition price of $37.66 per share, for a total reported value of $75,019. This was an equity award/grant (not an open-market purchase or sale).

Key Details

• Transaction date and price: 2026-02-02, 1,992 shares at $37.66 each (total $75,019).
• Transaction type: A = Award/Grant (equity compensation), not a sale or market purchase.
• Vesting: Shares vest over two years — one-half on 2/2/27 and one-half on 2/2/28 (Footnote F1).
• Ownership count after transaction: Not specified in the provided filing excerpt.
• Other footnote: Footnote F2 indicates counts include shares allocated under the Employee Stock Purchase Plan as of 2/2/26.
• Filing timeliness: Report was filed on 2026-03-11 for a 2026-02-02 transaction — this is later than the typical Form 4 deadline (usually within two business days), so the filing appears late.

Context

• This was a compensatory equity award to an executive, a routine form of long-term incentive. Because the grant vests over two years, the shares are not immediately tradable; they become owned outright only as they vest.
• Awards/gifts differ from open-market purchases and sales: they reflect company compensation practices rather than an immediate buying or selling signal.