Apogee Board Member Boosts Stake Through Director Compensation Plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Apogee Enterprises Director Elizabeth Murphy Lilly received 2,954 deferred restricted stock units (RSUs) on June 25, 2025, as part of the company's 2019 Non-Employee Director Stock Plan. Following this transaction, Lilly beneficially owns 6,733 deferred RSUs.
Key transaction details:
- RSUs will convert to common stock on a 1-for-1 basis
- Settlement occurs upon director's Board termination or other specified events
- Total holdings include units acquired through dividend reinvestment
- Transaction price recorded as $0, as these are compensation awards
This Form 4 filing, executed by attorney-in-fact Meghan M. Elliott, demonstrates ongoing director compensation practices and alignment with shareholder interests through equity-based awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lilly Elizabeth Murphy
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 2,954 | $0.00 | -- |
Holdings After Transaction:
Deferred Restricted Stock Units — 6,733 shares (Direct)
Footnotes (1)
- The deferred restricted stock units were allocated 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. Includes deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the 2019 Non-Employee Director Stock Plan.
FAQ
How many deferred restricted stock units did APOG director Elizabeth Murphy Lilly receive on June 25, 2025?
According to the Form 4 filing, Elizabeth Murphy Lilly received 2,954 deferred restricted stock units on June 25, 2025, under APOG's 2019 Non-Employee Director Stock Plan.
What is the total number of APOG deferred restricted stock units Elizabeth Murphy Lilly owns after this transaction?
Following the reported transaction, Elizabeth Murphy Lilly beneficially owns 6,733 deferred restricted stock units of APOG, which includes units acquired through dividend equivalent reinvestment features of the plan.
When will APOG director Elizabeth Murphy Lilly's restricted stock units be settled?
The deferred restricted stock units will be settled in shares of common stock following the director's termination from APOG's Board, in accordance with her election, or following other events specified in the 2019 Non-Employee Director Stock Plan.
What is the conversion ratio for APOG's deferred restricted stock units granted to Elizabeth Murphy Lilly?
The Form 4 filing indicates that the deferred restricted stock units are settled on a 1-for-1 basis, meaning each unit converts to one share of APOG common stock.