Apogee Enterprises Inc. filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
$APOG
Auto Parts:O.E.M.
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | |||||||||||||
The Board of Directors (the "Board") of Apogee Enterprises, Inc. (the "Company") has appointed Troy R. Johnson, a long-time senior executive at the Company to serve as President, Architectural Metals, effective as of August 7, 2025. Mr. Johnson succeeds Nicholas C. Longman, who resigned from the position, effective August 7, 2025.
In connection with the foregoing appointment, Mr. Johnson will be entitled to a base salary of $505,050 per year and a grant of $325,000 worth of restricted shares of the Company's common stock based on the closing price of the Company's stock on the grant date. This grant was made by the Compensation Committee of the Board pursuant, and subject, to the Plan and the Company's customary form of restricted share award agreement. Assuming continued employment with the Company, such restricted shares will be subject to a two-year vesting schedule with 100% of the shares vesting on the two-year anniversary of Mr. Johnson's appointment.
Mr. Johnson will continue to participate in the Company's Annual Short-Term Incentive Plan ("STIP"), with a guaranteed payment of at least 100% of his target short-term incentive in each of fiscal years 2026 and 2027, assuming continued employment with the Company and pursuant, and subject to the terms of the STIP.
| Item 7.01 | Regulations FD Disclosure | |||||||||||||
A copy of the Company's press release announcing the officer transition has been furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in the press release is being furnished, not filed, pursuant to Item 7.01. Accordingly, the information in the press release will not be incorporated by reference into any registration statement filed by the Company under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01 | Financial Statements and Exhibits. | |||||||||||||
(d) | Exhibits. | |||||||||||||
| 99.1 | ||||||||||||||
| 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 Officer and Secretary
Date: August 7, 2025