Apogee Entr SEC Filings

Apogee Enterprises is asking shareholders to approve four items at its 2026 virtual annual meeting, including electing two Class I directors, an advisory vote on executive pay, expanding its 2019 Stock Incentive Plan, and ratifying Deloitte & Touche as auditor.

For fiscal 2026, Apogee generated net sales of $1.40 billion, up from $1.36 billion, but operating income fell to $84.5 million and diluted EPS declined to $2.52 from $3.89. Adjusted EBITDA was $167.3 million, down from $192.7 million. The company repurchased 388,582 shares for $15.0 million, paid $22.2 million in dividends, and raised its quarterly dividend 4% to $0.27 per share.

The proxy details a performance-focused pay program with significant equity, new offer letters for the CEO and CFO, and an increase in shares authorized under the stock plan from 2,150,000 to 2,950,000. The board highlights majority independence, diversity, a strong committee structure, and active shareholder engagement.

APOGEE ENTERPRISES, INC. executive vice president and chief financial officer Mark Richard Augdahl had 1,980 shares of common stock withheld on April 30, 2026 at $36.40 per share to cover tax liabilities. After this tax-withholding disposition, he directly held 42,478 common shares, including restricted stock granted under the 2019 Stock Incentive Plan.

APOGEE ENTERPRISES, INC. executive Matthew Sean Christian, President of Architectural Services, reported a tax-related share disposition. On April 30, 2026, 708 shares of common stock were withheld at $36.40 per share to cover tax liabilities. After this withholding, he directly holds 37,817 common shares, which include shares from the Employee Stock Purchase Plan as of May 4, 2026 and restricted stock granted under the 2019 Stock Incentive Plan.

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.

APOGEE ENTERPRISES, INC. executive Troy R. Johnson, President of Architectural Metals, reported a tax-related share disposition tied to equity compensation. On April 30, 2026, 2,471 shares of common stock were withheld at $36.40 per share to cover tax liabilities, rather than sold on the open market.

After this withholding, Johnson directly owned 72,846 shares of Apogee common stock. This balance includes shares allocated under the Employee Stock Purchase Plan as of May 4, 2026 and restricted stock granted under the 2019 Stock Incentive Plan, indicating the transaction is primarily a routine compensation and tax event.

APOGEE ENTERPRISES, INC. executive Brent C. Jewell, President, Architectural Glass, reported a routine tax-related share disposition. On April 30, 2026, 2,806 shares of common stock were withheld at $36.40 per share to cover tax obligations tied to equity compensation, not an open-market sale. After this transaction, he directly held 51,790 common shares. He also indirectly held 66 shares in a revocable living trust for the benefit of himself and his spouse, with their minor children as contingent beneficiaries.

APOGEE ENTERPRISES, INC. VP and General Counsel Bryan Alan Welp reported a tax-related share disposition. On this Form 4, 180 shares of common stock were withheld at $36.40 per share to satisfy tax liability associated with equity compensation, rather than sold on the open market.

Following this withholding, Welp directly holds 9,525 shares of common stock. This figure includes shares allocated under the Employee Stock Purchase Plan as of May 4, 2026 and shares of restricted stock granted under the 2019 Stock Incentive Plan.

Apogee Enterprises Inc Schedule 13G: Vanguard Capital Management reports beneficial ownership of 1,099,698 shares of Common Stock, representing 5.11% of the class. The filer reports sole voting power for 158,180 shares and sole dispositive power for 1,099,698 shares. The filing states holdings include securities managed on behalf of Vanguard funds and clients and is signed by the Head of Global Fund Administration.

Apogee Enterprises updated executive compensation by granting new equity and cash incentives. On April 22, 2026, the board approved time-based restricted stock awards for senior leaders, including 11,630 shares for CFO Mark R. Augdahl and 9,583 shares for segment president Veena M. Lakkundi, all vesting in full on April 30, 2029, with three equal annual installments starting April 30, 2027. These awards accelerate or fully vest in certain cases of retirement, involuntary termination without cause, disability, death, or qualifying change in control and are subject to the company’s clawback policy.

The company also granted three-year performance awards combining cash and stock units, each split 50/50, for a performance period from February 28, 2026, to March 3, 2029. Payouts can range from 0% to 200% of target based on cumulative adjusted diluted EPS and average adjusted return on invested capital. In parallel, Apogee issued fiscal 2027 executive short-term incentive plan awards tied to consolidated or segment net sales and adjusted EBITDA, with potential payouts between 0% and 200% of target, all subject to committee discretion and clawback provisions.