Apogee (APOG) director Herbert K. Parker receives 2,741-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker Herbert K reported acquisition or exercise transactions in this Form 4 filing.
APOGEE ENTERPRISES, INC. director Herbert K. Parker received a grant of 2,741 shares of common stock valued at $41.96 per share. The award vests over three years, with one-third vesting on each anniversary of the grant date. Following this grant, he directly holds 16,224 shares, including restricted stock awarded under the 2019 Non-Employee Director Stock Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker Herbert K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,741 | $41.96 | $115K |
Holdings After Transaction:
Common Stock — 16,224 shares (Direct, null)
Footnotes (1)
- The reported shares vest over a three-year period, with one-third vesting on each anniversary of the grant date. Includes restricted stock awards under the 2019 Non-Employee Director Stock Plan.
Key Figures
Stock grant size: 2,741 shares
Grant value per share: $41.96 per share
Post-grant holdings: 16,224 shares
+1 more
4 metrics
Stock grant size
2,741 shares
Common stock award to director Herbert K. Parker
Grant value per share
$41.96 per share
Reported value for the 2,741-share grant
Post-grant holdings
16,224 shares
Total common stock directly held after transaction
Vesting schedule
Three years, one-third annually
Restricted shares vest each anniversary of grant date
Key Terms
restricted stock awards, 2019 Non-Employee Director Stock Plan, vest over a three-year period
3 terms
restricted stock awards financial
"Includes restricted stock awards under the 2019 Non-Employee Director Stock Plan."
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
2019 Non-Employee Director Stock Plan financial
"Includes restricted stock awards under the 2019 Non-Employee Director Stock Plan."
vest over a three-year period financial
"The reported shares vest over a three-year period, with one-third vesting on each anniversary"
FAQ
What insider transaction did APOG director Herbert K. Parker report on this Form 4?
Herbert K. Parker reported receiving 2,741 shares of Apogee Enterprises common stock as a grant. The shares were awarded under a director stock plan and are not an open-market purchase, reflecting stock-based compensation rather than a discretionary buy or sell.
What are Herbert K. Parker’s total APOG holdings after this stock grant?
After the grant, Herbert K. Parker directly holds 16,224 shares of Apogee Enterprises common stock. This total includes restricted stock awards granted under the company’s 2019 Non-Employee Director Stock Plan, reflecting his aggregate direct equity position reported in this filing.