Apogee director granted 41 deferred stock units
Lilly Elizabeth Murphy reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Lilly Elizabeth Murphy reported acquisition or exercise transactions in this Form 4 filing.
APOGEE ENTERPRISES, INC. director Elizabeth Murphy received a grant of 41 Deferred Restricted Stock Units as compensation. These units were allocated under the 2019 Non-Employee Director Stock Plan and are settled 1-for-1 in common stock.
After this award, Murphy holds 9,682 deferred restricted stock units tied to Apogee common shares. The units will generally be settled in stock following her termination from the Board or upon other events specified in the plan, and include additional units from a dividend equivalent reinvestment feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 41 shares
Grant/Award
1 txn
Insider
Lilly Elizabeth Murphy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 41 | $45.74 | $2K |
Holdings After Transaction:
Deferred Restricted Stock Units — 9,682 contracts (Direct)
Footnotes (3)
- F1. The deferred restricted stock units were allocated under the 2019 Non-Employee Director Stock Plan. The deferred restricted stock units will be settled in shares of common stock following the director's termination from the Board in accordance with the election of the reporting person, or following the occurrence of other events specified in the Plan.
- F2. Settled 1-for-1.
- F3. Additional deferred restricted stock units were allocated pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan.
Key Figures
Deferred RSUs granted: 41 units
Grant reference price: $45.74 per share
Deferred RSUs after grant: 9,682 units
+1 more
4 metrics
Deferred RSUs granted
41 units
Grant of Deferred Restricted Stock Units on 2026-06-30
Grant reference price
$45.74 per share
Price per unit used for the 41-unit grant
Deferred RSUs after grant
9,682 units
Total Deferred Restricted Stock Units held after transaction
Underlying common stock
41 shares
Underlying common stock for the new 41 deferred units
Key Terms
Deferred Restricted Stock Units, 2019 Non-Employee Director Stock Plan, dividend equivalent reinvestment feature, 1-for-1
4 terms
Deferred Restricted Stock Units financial
"The deferred restricted stock units were allocated under the 2019 Non-Employee Director Stock Plan."
Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.
2019 Non-Employee Director Stock Plan financial
"The deferred restricted stock units were allocated under the 2019 Non-Employee Director Stock Plan."
dividend equivalent reinvestment feature financial
"Additional deferred restricted stock units were allocated pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan."
1-for-1 financial
"Settled 1-for-1."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Apogee Enterprises (APOG) report for Elizabeth Murphy?
Apogee Enterprises reported that director Elizabeth Murphy received 41 Deferred Restricted Stock Units as a grant under the 2019 Non-Employee Director Stock Plan, increasing her total deferred restricted stock unit holdings to 9,682, all of which are tied to Apogee common stock on a 1-for-1 basis.
How many Apogee (APOG) deferred restricted stock units does Elizabeth Murphy hold after this Form 4?
Following the latest grant, Elizabeth Murphy holds 9,682 Deferred Restricted Stock Units. Each unit is settled 1-for-1 in Apogee common stock, and settlement generally occurs after her termination from the Board or upon other events described in the 2019 Non-Employee Director Stock Plan.
What are Deferred Restricted Stock Units in the Apogee (APOG) director plan?
Deferred Restricted Stock Units in Apogee’s director plan represent a right to receive common shares in the future. Under the 2019 Non-Employee Director Stock Plan, they are typically settled in common stock after Board service ends or upon specified events, aligning director compensation with shareholder interests.
When will Elizabeth Murphy’s new Apogee (APOG) deferred restricted stock units be settled?
Murphy’s Deferred Restricted Stock Units will be settled in Apogee common stock after she terminates service on the Board, in line with her prior election, or upon other events specified in the 2019 Non-Employee Director Stock Plan, providing deferred, equity-based director compensation rather than immediate cash payment.
Why did Apogee (APOG) allocate additional deferred units to Elizabeth Murphy?
Additional Deferred Restricted Stock Units were allocated to Elizabeth Murphy under a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan. This feature credits extra units in lieu of cash dividends, so directors’ deferred holdings grow in step with dividends paid on Apogee common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
