Apogee director granted 2,741 deferred stock units
Apogee Enterprises director Lilly Elizabeth Murphy received a grant of 2,741 Deferred Restricted Stock Units under the 2019 Non-Employee Director Stock Plan at a reference price of $41.96 per unit.
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Form Type
4
Rhea-AI Filing Summary
Apogee Enterprises director Lilly Elizabeth Murphy received a grant of 2,741 Deferred Restricted Stock Units under the 2019 Non-Employee Director Stock Plan at a reference price of $41.96 per unit. Each unit will convert 1-for-1 into common stock, generally after her Board service ends, bringing her total deferred units to 9,641.
Insider Trade Summary
Grant/Award: 2,741 shares
Grant/Award
1 txn
Insider
Lilly Elizabeth Murphy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,741 | $41.96 | $115K |
Holdings After Transaction:
Deferred Restricted Stock Units — 9,641 contracts (Direct)
Footnotes (3)
- F1. The deferred restricted stock units were granted pursuant to the 2019 Non-Employee Director Stock Plan. The units will be settled in shares of common stock following the reporting person's termination of service from the Board, in accordance with the reporting person's election or upon the occurrance of other events specified in the Plan.
- F2. Settled 1-for-1.
- F3. Includes deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan.
Key Figures
Deferred RSU grant: 2,741 units
Grant reference price: $41.96 per unit
Total deferred units after grant: 9,641 units
+1 more
4 metrics
Deferred RSU grant
2,741 units
Deferred Restricted Stock Units granted on 2026-06-24
Grant reference price
$41.96 per unit
Price per Deferred Restricted Stock Unit for this award
Total deferred units after grant
9,641 units
Deferred Restricted Stock Units held following the transaction
Conversion ratio
1-for-1
Each deferred unit settles into one share of common stock
Key Terms
Deferred Restricted Stock Units, 2019 Non-Employee Director Stock Plan, dividend equivalent reinvestment feature
3 terms
Deferred Restricted Stock Units financial
"The deferred restricted stock units were granted pursuant to 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 granted pursuant to the 2019 Non-Employee Director Stock Plan."
dividend equivalent reinvestment feature financial
"Includes deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Apogee (APOG) director Lilly Elizabeth Murphy report on this Form 4?
Lilly Elizabeth Murphy reported receiving 2,741 Deferred Restricted Stock Units as a compensation award. These units were granted under Apogee’s 2019 Non-Employee Director Stock Plan and increase her total deferred restricted stock units to 9,641 following the transaction.
Is the Apogee (APOG) Form 4 transaction a stock purchase or a grant?
The transaction is a grant of Deferred Restricted Stock Units, not an open-market stock purchase. It reflects equity compensation awarded to Lilly Elizabeth Murphy under the 2019 Non-Employee Director Stock Plan instead of her buying shares in the market.
How many Apogee deferred restricted stock units does Lilly Murphy hold after this grant?
After the grant, Lilly Elizabeth Murphy holds a total of 9,641 Deferred Restricted Stock Units. This includes the newly granted 2,741 units and previously accumulated units, some of which were acquired through a dividend equivalent reinvestment feature of the same director stock plan.
What does 1-for-1 settlement mean for Apogee (APOG) deferred restricted stock units?
A 1-for-1 settlement means each Deferred Restricted Stock Unit converts into one share of Apogee common stock. For Lilly Murphy, the 2,741 newly granted units are therefore tied to 2,741 underlying common shares, subject to the plan’s terms and settlement conditions.
What role does the dividend equivalent reinvestment feature play in Apogee’s director units?
The dividend equivalent reinvestment feature credits additional deferred restricted stock units instead of cash dividends. For Lilly Murphy, her reported holdings include units acquired through this feature under the 2019 Non-Employee Director Stock Plan, incrementally increasing her deferred equity position over time.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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