other
confidence high
sentiment neutral
materiality 0.25
Apogee awards restricted stock and performance units to 6 executives; adopts FY2027 STIP
APOGEE ENTERPRISES, INC.
- Restricted stock granted: CFO Augdahl 11,630 shares, Jewell 8,067, Christian 6,628, Johnson 8,671, Lakkundi 9,583, Welp 5,639; 3-year vesting.
- Performance awards (cash + stock units) for FY2026-2029 tied to cumulative adj. diluted EPS and avg. adj. ROIC; payout 0%-200% of target.
- Fiscal 2027 STIP metrics set as net sales and adjusted EBITDA; target incentive approved by Compensation Committee.
item 5.02item 9.01