Apogee Board Member Donald Nolan Strengthens Stake with New Stock Award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donald A. Nolan, Director at Apogee Enterprises, reported the acquisition of 3,468 deferred restricted stock units (RSUs) on June 25, 2025. The RSUs were granted under the company's 2009 Non-Employee Director Stock Incentive Plan and 2019 Non-Employee Director Stock Plan.
Key details of the transaction:
- The RSUs will convert to common stock on a 1-for-1 basis
- Settlement will occur following the director's board termination or other specified events
- Total beneficial ownership following the transaction: 29,848 RSUs
- The reported amount includes additional units from dividend equivalent reinvestment
- The RSUs were acquired at $0 cost
The Form 4 was filed through an attorney-in-fact, Meghan M. Elliott, on June 27, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nolan Donald A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 3,468 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 29,848 shares (Direct)
Footnotes (1)
- 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. Settled 1-for-1. Includes 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.
FAQ
How many deferred restricted stock units did APOG director Donald Nolan receive on June 25, 2025?
According to the Form 4 filing, Donald Nolan received 3,468 deferred restricted stock units on June 25, 2025, under the company's Non-Employee Director Stock Plans.
What is the total number of APOG deferred restricted stock units Donald Nolan owns after this transaction?
Following the reported transaction, Donald Nolan beneficially owns 29,848 deferred restricted stock units of APOG, which includes units acquired through dividend equivalent reinvestment features of the director stock plans.
What is the conversion ratio for APOG's deferred restricted stock units?
The Form 4 indicates that the deferred restricted stock units are settled 1-for-1 into shares of APOG common stock.
When will Donald Nolan's APOG restricted stock units be settled into common stock?
The deferred restricted stock units will be settled in shares of common stock following Nolan's termination from the Board in accordance with his election, or following other events specified in the Plan.
What was the purchase price of APOG's deferred restricted stock units granted to Donald Nolan?
According to the Form 4, the deferred restricted stock units were granted at a price of $0, as they were allocated under the Non-Employee Director Stock Incentive Plans.