Apogee (APOG) Director Granted 61 RSUs on 09/30/2025, Now Owns 10,381 Shares
Rhea-AI Filing Summary
Christina M. Alvord, a director of Apogee Enterprises, Inc. (APOG), reported receiving 61 deferred restricted stock units (RSUs) on 09/30/2025 under the 2019 Non-Employee Director Stock Plan. The RSUs were awarded via a dividend equivalent reinvestment feature and settle 1-for-1 into common shares. Following this transaction, the reporting person beneficially owns 10,381 shares of common stock. The RSUs will be converted into shares upon the director's termination from the Board or other plan-specified events, per the plan's terms.
Positive
- 61 deferred RSUs received via dividend reinvestment on 09/30/2025
- Beneficial ownership increased to 10,381 shares following the award
- RSUs settle 1-for-1 into common stock under the 2019 Non-Employee Director Stock Plan
Negative
- None.
Insights
Director received 61 RSUs on 09/30/2025, raising ownership to 10,381 shares.
The filing documents a routine equity award under the 2019 Non-Employee Director Stock Plan, issued via a dividend equivalent reinvestment. This is a non-cash, compensation-related grant that increases reported beneficial ownership by 61 shares.
The RSUs are deferred and will convert 1-for-1 into common stock upon the director's board departure or other plan-triggered events; the 09/30/2025 transaction date is the concrete milestone disclosed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferrred Restricted Stock Units | 61 | $43.57 | $3K |
Footnotes (1)
- The deferred restricted stock units were awarded 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. Settled 1-for-1. Additional deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan.