Apogee Enterprises (APOG) president receives 16,882-share grant of stock
Rhea-AI Filing Summary
Apogee Enterprises officer Veena Lakkundi reported a stock award of 16,882 common shares of Apogee Enterprises on 01/14/2026. The shares were recorded at a price of $35.54 per share and increased her directly owned stake to 30,881 common shares. The award consists of restricted stock granted under the company’s 2019 Stock Incentive Plan. These shares vest over a two-year period, with one-half of the award scheduled to vest on 1/14/27 and the remaining half on 1/14/28, aligning the officer’s compensation more closely with the company’s future performance.
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FAQ
What insider transaction did Apogee Enterprises (APOG) report for Veena Lakkundi?
Apogee Enterprises reported that officer Veena Lakkundi, president of Performance Surfaces, acquired 16,882 shares of common stock on 01/14/2026 in a stock award transaction coded "A" for acquisition.
What is the size and price of the Apogee (APOG) stock award to Veena Lakkundi?
The award granted to Veena Lakkundi covers 16,882 common shares of Apogee Enterprises at a reported price of $35.54 per share.
How many Apogee Enterprises (APOG) shares does Veena Lakkundi own after this transaction?
Following the reported acquisition, Veena Lakkundi beneficially owns 30,881 common shares of Apogee Enterprises in direct ownership.
How do the granted Apogee (APOG) shares to Veena Lakkundi vest over time?
The 16,882 granted shares vest over a two-year period, with one-half of the shares vesting on 1/14/27 and the other half vesting on 1/14/28.
What plan governs Veena Lakkundi’s restricted stock award from Apogee Enterprises (APOG)?
The reported holdings include shares of restricted stock that were granted under Apogee Enterprises’ 2019 Stock Incentive Plan.
Was this Apogee (APOG) insider Form 4 transaction a purchase or a stock grant?
The Form 4 shows an acquisition coded "A" of common stock, and the footnotes indicate it involves restricted stock granted under the 2019 Stock Incentive Plan, reflecting a stock award rather than an open-market purchase.