Apogee (APOG) president awarded 9,583 restricted shares in equity grant

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lakkundi Veena M reported acquisition or exercise transactions in this Form 4 filing.

APOGEE ENTERPRISES, INC. officer Veena M. Lakkundi, President of Performance Surfaces, received an award of 9,583 shares of common stock at a reference value of $35.47 per share. These shares are restricted stock granted under the 2019 Stock Incentive Plan and represent equity-based compensation.

The award vests over a three-year period, with one-third of the shares vesting on 4/30/2027, one-third on 4/30/2028, and the final third on 4/30/2029. After this grant, Lakkundi directly holds 40,464 shares of Apogee common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lakkundi Veena M

Role Pres, Performance Surfaces

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	9,583	$35.47	$340K

Holdings After Transaction: Common Stock — 40,464 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 of restricted stock granted under the 2019 Stock Incentive Plan.

Key Figures

Restricted stock grant: 9,583 shares Grant value per share: $35.47/share Total shares after grant: 40,464 shares +3 more

6 metrics

Restricted stock grant 9,583 shares Common stock award to Veena M. Lakkundi

Grant value per share $35.47/share Reference price for restricted stock grant

Total shares after grant 40,464 shares Direct holdings following the transaction

Vesting date 1 April 30, 2027 One-third of restricted shares vest

Vesting date 2 April 30, 2028 Second third of restricted shares vest

Vesting date 3 April 30, 2029 Final third of restricted shares vest

Key Terms

restricted stock, 2019 Stock Incentive Plan, vesting period, grant, award, or other acquisition

4 terms

restricted stock financial

"Includes 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.

2019 Stock Incentive Plan financial

"Includes shares of restricted stock granted under the 2019 Stock Incentive Plan."

vesting period financial

"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."

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"

Form 4 Insider Transactions: What Each Field Means →

04/24/2026 - 03:53 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lakkundi Veena M

(Last)

(First)

(Middle)

4400 WEST 78TH STREET

SUITE 520

(Street)

MINNEAPOLIS

MINNESOTA

55435

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
APOGEE ENTERPRISES, INC. [ APOG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Pres, Performance Surfaces

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/22/2026		A		9,583⁽¹⁾	A	$35.47	40,464⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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.

2. Includes shares of restricted stock granted under the 2019 Stock Incentive Plan.

Remarks:

	/s/Bryan A. Welp, Attorney-in-Fact for Veena M. Lakkundi	04/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did APOG executive Veena Lakkundi report in this Form 4 filing?

Veena M. Lakkundi reported receiving 9,583 shares of Apogee common stock as an equity grant. The award is classified as a grant or other acquisition and reflects compensation rather than an open-market stock purchase or sale.

At what price was the restricted stock award to APOG’s Veena Lakkundi valued?

The 9,583-share restricted stock award to Veena Lakkundi was valued at $35.47 per share. This price is a reference value reported in the Form 4 and is used to indicate the grant’s notional dollar amount for disclosure purposes.

How and when will Veena Lakkundi’s new APOG restricted shares vest?

The granted shares vest over three years, in equal installments. One-third of the restricted stock vests on April 30, 2027, another third on April 30, 2028, and the remaining third on April 30, 2029, subject to the award’s terms.

How many APOG shares does Veena Lakkundi hold after this Form 4 transaction?

After the reported grant, Veena Lakkundi directly holds 40,464 shares of Apogee common stock. This total includes the newly awarded restricted shares granted under the company’s 2019 Stock Incentive Plan as disclosed in the filing.

Is Veena Lakkundi’s Form 4 transaction a market buy or sell of APOG stock?

The Form 4 reports a grant of 9,583 shares classified as a grant or award acquisition, not an open-market trade. It reflects equity compensation, rather than Lakkundi choosing to buy or sell Apogee shares in the public market.

Under which plan was the restricted stock grant to APOG’s Veena Lakkundi made?

The award was made under Apogee’s 2019 Stock Incentive Plan. The filing notes that the total includes shares of restricted stock granted pursuant to this plan, which governs the company’s equity-based compensation programs.