Apogee Enterprises Announces Leadership Changes and Filings
Ticker: APOG · Form: 8-K · Filed: Jun 25, 2024 · CIK: 6845
Sentiment: neutral
Topics: leadership-change, filing, officer-departure, board-election
TL;DR
Apogee Enterprises shakes up leadership, files financials. Big changes ahead?
AI Summary
Apogee Enterprises, Inc. announced on June 20, 2024, a series of significant leadership changes. These include the departure of certain officers, the election of new directors, and adjustments to compensatory arrangements. The company also reported on matters submitted to a vote of security holders and filed financial statements and exhibits.
Why It Matters
Significant leadership changes can signal strategic shifts or operational adjustments within a company, impacting its future performance and investor confidence.
Risk Assessment
Risk Level: medium — Leadership changes and the filing of financial statements can introduce uncertainty and signal potential strategic shifts, warranting closer investor scrutiny.
Key Players & Entities
- Apogee Enterprises, Inc. (company) — Registrant
- 0000006845-24-000202 (filing_id) — Accession Number
- June 20, 2024 (date) — Date of Report
- Minnesota (location) — State of Incorporation
FAQ
What specific officer positions have seen departures?
The filing indicates the departure of certain officers, but does not specify which positions were affected in this summary section.
Were there any new directors elected?
Yes, the filing explicitly mentions the election of directors as an item of information.
What kind of compensatory arrangements were adjusted?
The filing notes adjustments to compensatory arrangements of certain officers, but the details are not provided in this summary.
What matters were submitted to a vote of security holders?
The filing states that matters were submitted to a vote of security holders, but the specific matters are not detailed here.
What financial statements and exhibits were filed?
The filing indicates that financial statements and exhibits were submitted, but their specific content is not described in this section.
Filing Stats: 723 words · 3 min read · ~2 pages · Grade level 10.1 · Accepted 2024-06-25 14:40:58
Key Financial Figures
- $0.33 — nge on which registered Common Stock, $0.33 1/3 Par Value APOG The Nasdaq Stock Mar
Filing Documents
- apog-20240620.htm (8-K) — 46KB
- 0000006845-24-000202.txt ( ) — 167KB
- apog-20240620.xsd (EX-101.SCH) — 2KB
- apog-20240620_lab.xml (EX-101.LAB) — 21KB
- apog-20240620_pre.xml (EX-101.PRE) — 12KB
- apog-20240620_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Company's Annual Meeting of Shareholders (the "Annual Meeting") was held on June 20, 2024. The four proposals voted upon at the Annual Meeting are described in detail in the Company's Proxy Statement for the Annual Meeting filed with the Securities and Exchange Commission on May 9, 2024. The final results for the votes regarding each proposal are set forth below. 1. A proposal to re-elect three Class II directors for three-year terms expiring at the 2027 Annual Meeting of Shareholders. Each of the director nominees was re-elected and received the following votes: Class II Directors For Against Abstain Broker Non-Votes Christina M. Alvord 19,001,940 426,156 6,465 864,048 Herbert K. Parker 17,555,456 1,873,136 5,969 864,048 Ty R. Silberhorn 19,160,256 243,932 30,373 864,048 2. An advisory vote to approve the Company's executive compensation. The proposal was approved and received the following votes: For Against Abstain Broker Non-Votes 18,875,464 529,583 29,514 864,048 3. A proposal to approve the Apogee Enterprises, Inc. 2019 Non-Employee Director Stock Plan, as Amended and Restated (2024) to increase the number of shares authorized for awards from 150,000 to 300,000. The proposal was approved and received the following votes: For Against Abstain Broker Non-Votes 18,525,821 828,677 80,063 864,048 4. A proposal to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending March 1, 2025. The proposal was approved and received the following votes: For Against Abstain Broker Non-Votes 19,870,912 393,090 34,607 N/A
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 10.1 A pogee Enterprises, In c. 2019 Non-Employee Stock Plan, as Amended and Restated (2024) (incorporated by reference to Exhibit 4.5 to Apo gee's Registration S tatement on Form S- 8 filed on June 20, 2024). 104 Cover Page interactive Data file (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APOGEE ENTERPRISES, INC. By: /s/ Meghan M. Elliott Meghan M. Elliott Chief Legal Counsel and Secretary Date: June 25, 2024