STOCK TITAN

Apogee (APOG) president has 1,306 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

APOGEE ENTERPRISES, INC. executive Veena M. Lakkundi had 1,306 shares of common stock withheld at $36.40 per share to cover tax liabilities tied to equity compensation. After this tax-withholding disposition, she directly holds 39,158 shares, including restricted stock granted under the 2019 Stock Incentive Plan.

Positive

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Negative

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Insider Lakkundi Veena M
Role Pres, Performance Surfaces
Type Security Shares Price Value
Tax Withholding Common Stock 1,306 $36.40 $48K
Holdings After Transaction: Common Stock — 39,158 shares (Direct, null)
Footnotes (1)
  1. Includes the aggregate number of shares withheld for tax liability. Includes shares of restricted stock granted under the 2019 Stock Incentive Plan.
Tax-withholding shares 1,306 shares Shares withheld to cover tax liability
Tax-withholding price $36.40 per share Value assigned to withheld shares
Shares held after transaction 39,158 shares Direct holdings after tax-withholding disposition
tax-withholding disposition financial
"reported a tax-withholding disposition of 1,306 shares of Apogee common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"includes 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
"restricted stock granted under the 2019 Stock Incentive Plan"
SEC Form 4
FORM 4UNITED 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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Pres, Performance Surfaces
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/30/2026F1,306(1)D$36.439,158(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes the aggregate number of shares withheld for tax liability.
2. Includes shares of restricted stock granted under the 2019 Stock Incentive Plan.
Remarks:
/s/Bryan A. Welp, Attorney-in-Fact for Veena M. Lakkundi05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did APOG executive Veena Lakkundi report on this Form 4?

Veena M. Lakkundi reported a tax-withholding disposition of 1,306 shares of Apogee common stock at $36.40 per share. The shares were withheld to satisfy tax liabilities related to equity compensation, rather than being sold in an open-market transaction.

Was the APOG Form 4 transaction an open-market sale of shares?

No. The transaction used code F, indicating a tax-withholding disposition where shares are delivered to cover taxes. This means the 1,306 shares were withheld for tax liabilities instead of being sold on the open market to another investor.

How many Apogee (APOG) shares does Veena Lakkundi hold after this transaction?

Following the tax-withholding disposition, Veena M. Lakkundi directly holds 39,158 shares of Apogee common stock. This figure includes restricted stock granted under the company’s 2019 Stock Incentive Plan, as noted in the Form 4 footnotes.

What price per share was used for the APOG tax-withholding shares?

The 1,306 shares withheld for tax purposes were valued at $36.40 per share. This price is used to determine the dollar value of shares delivered to satisfy the reporting person’s tax liability arising from equity compensation awards.

What does transaction code F mean in the APOG Form 4 filing?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this Apogee filing, it reflects that 1,306 shares were withheld to satisfy Veena Lakkundi’s tax obligations rather than representing a discretionary market sale.