Apogee (NASDAQ: APOG) unit president awarded 6,628 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Christian Matthew Sean reported acquisition or exercise transactions in this Form 4 filing.
Apogee Enterprises executive Matthew Sean Christian received a compensation-related stock grant. On 4/22/26 he was awarded 6,628 shares of common stock at an indicated value of $35.47 per share. The shares vest over three years, with one-third vesting on 4/30/27, 4/30/28 and 4/30/29.
After this award, he directly holds 38,525 shares, which include amounts from the Employee Stock Purchase Plan as of 4/22/26 and restricted stock granted under the 2019 Stock Incentive Plan. The transaction is a non-market grant, not an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Christian Matthew Sean
Role
President, Architectural Serv
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,628 | $35.47 | $235K |
Holdings After Transaction:
Common Stock — 38,525 shares (Direct, null)
Footnotes (1)
- Shares vest over a three-year vesting period with one-third of the shares vesting on 4/30/27, 4/30/28 and 4/30/29. Includes shares allocated under the Employee Stock Purchase Plan as of 4/22/26 and shares of restricted stock granted under the 2019 Stock Incentive Plan.
Key Figures
Shares granted: 6,628 shares
Grant price: $35.47 per share
Post-transaction holdings: 38,525 shares
+3 more
6 metrics
Shares granted
6,628 shares
Common stock grant on 4/22/26 under code A
Grant price
$35.47 per share
Indicated value for the 6,628-share award
Post-transaction holdings
38,525 shares
Direct common stock holdings after the grant
Vesting date 1
One-third on 4/30/27
First tranche of three-year vesting schedule
Vesting date 2
One-third on 4/30/28
Second tranche of three-year vesting schedule
Vesting date 3
One-third on 4/30/29
Final tranche of three-year vesting schedule
Key Terms
restricted stock, Employee Stock Purchase Plan, vesting period, grant, award, or other acquisition
4 terms
restricted stock financial
"shares of restricted stock granted under the 2019 Stock Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Employee Stock Purchase Plan financial
"Includes shares allocated under the Employee Stock Purchase Plan as of 4/22/26"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
vesting period financial
"Shares vest over a three-year vesting period with one-third of the shares vesting"
A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did APOG executive Matthew Sean Christian report in this Form 4?
He reported receiving a grant of 6,628 shares of Apogee common stock as compensation. The award is classified as an acquisition under code A and is not an open-market purchase or sale, but part of the company’s equity incentive programs.
Is this Apogee (APOG) Form 4 transaction an open-market buy or sell?
No, it is not an open-market buy or sell. The filing identifies the transaction with code A as a grant, award, or other acquisition, meaning it is stock-based compensation rather than a discretionary purchase or sale in the market.
What equity plans are referenced in this Apogee Form 4 filing?
The filing references the Employee Stock Purchase Plan and the 2019 Stock Incentive Plan. Shares held after the transaction include amounts allocated under the purchase plan and restricted stock granted under the 2019 incentive plan as of 4/22/26.