Apogee director awarded 153 deferred stock units
APOGEE ENTERPRISES, INC. director Lloyd Emerson Johnson acquired 153 deferred restricted stock units on March 31, 2026 as a grant under company director stock plans.
Rhea-AI Filing Summary
APOGEE ENTERPRISES, INC. director Lloyd Emerson Johnson acquired 153 deferred restricted stock units on March 31, 2026 as a grant under company director stock plans. These units were credited through a dividend equivalent reinvestment feature and are settled 1-for-1 in common stock.
The deferred restricted stock units were allocated under the 2009 Non-Employee Director Stock Incentive Plan and the 2019 Non-Employee Director Stock Plan. They will be settled in shares of common stock after Johnson’s termination from the Board or upon other events specified in the plans. Following this grant, he holds 19,264 deferred restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 153 shares
Grant/Award
1 txn
Insider
Johnson Lloyd Emerson
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 153 | $33.54 | $5K |
Holdings After Transaction:
Deferred Restricted Stock Units — 19,264 contracts (Direct)
Footnotes (3)
- F1. Settled 1-for-1.
- F2. Additional deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2009 Non-Employee Director Stock Incentive Plan and the 2019 Non-Employee Director Stock Plan.
- F3. The deferred restricted stock units were allocated under the 2009 Non-Employee Director Stock Incentive Plan and 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.
Key Figures
Deferred restricted stock units granted: 153 units
Grant reference price: $33.54 per unit
Deferred units after transaction: 19,264 units
+1 more
4 metrics
Deferred restricted stock units granted
153 units
Grant on March 31, 2026 under director stock plans
Grant reference price
$33.54 per unit
Price per unit for the March 31, 2026 grant
Deferred units after transaction
19,264 units
Total deferred restricted stock units following the grant
Settlement ratio
1-for-1
Each deferred restricted stock unit settles into one common share
Key Terms
Deferred Restricted Stock Units, dividend equivalent reinvestment feature, Non-Employee Director Stock Incentive Plan, settled in shares of common stock
4 terms
Deferred Restricted Stock Units financial
"security_title: "Deferred Restricted Stock Units""
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.
dividend equivalent reinvestment feature financial
"acquired pursuant to a dividend equivalent reinvestment feature of the 2009 Non-Employee Director Stock Incentive Plan"
Non-Employee Director Stock Incentive Plan financial
"under the 2009 Non-Employee Director Stock Incentive Plan and the 2019 Non-Employee Director Stock Plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did APOG director Lloyd Emerson Johnson report?
Lloyd Emerson Johnson reported acquiring 153 deferred restricted stock units as a grant on March 31, 2026. The units were credited under Apogee’s non-employee director stock plans through a dividend equivalent reinvestment feature and increase his deferred stock-based compensation balance.
How many deferred restricted stock units does APOG’s director hold after this Form 4?
After this transaction, Lloyd Emerson Johnson holds 19,264 deferred restricted stock units directly. This total reflects the addition of 153 units granted on March 31, 2026 under the company’s 2009 and 2019 Non-Employee Director Stock plans for Board members.
How will the deferred restricted stock units for APOG’s director be settled?
The deferred restricted stock units will be settled in shares of Apogee common stock on a 1-for-1 basis. Settlement occurs after Johnson’s termination from the Board in accordance with his election, or upon other events specified in the applicable director stock incentive plans.
What plans govern the deferred restricted stock units reported for APOG?
The units were allocated under Apogee’s 2009 Non-Employee Director Stock Incentive Plan and 2019 Non-Employee Director Stock Plan. These plans include a dividend equivalent reinvestment feature and define when deferred restricted stock units are granted and when they are ultimately settled in common shares.
Was the APOG director’s Form 4 transaction an open-market stock purchase or sale?
No, the Form 4 shows a grant of 153 deferred restricted stock units classified as a grant, award, or other acquisition. The units were acquired under director stock incentive plans via dividend equivalent reinvestment, rather than through an open-market purchase or sale of Apogee common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
