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SEC filingOn April 22, 2026, Apogee Enterprises, Inc. awarded time-based restricted stock, performance-based cash and stock units, and revised short-term incentive awards to six executive officers under its shareholder-approved 2019 Stock Incentive Plan, with vesting and payout contingent on service and performance conditions.
This 8-K discloses the annual executive compensation awards approved by Apogee’s Compensation Committee and Board on April 22, 2026 — a routine but material governance event reflecting alignment of executive pay with long-term and short-term performance objectives. The time-based restricted stock awards reinforce retention through a three-year vesting schedule ending April 30, 2029, while the new Performance Awards introduce dual-metric accountability (cumulative adjusted diluted EPS and average adjusted ROIC) over a defined three-year period, with payout flexibility between 0% and 200% of target depending on achievement levels. The revised STIP for fiscal 2027 shifts emphasis toward operational metrics — segment-level net sales and adjusted EBITDA — signaling management’s focus on execution across business units. All awards incorporate robust forfeiture and recoupment provisions under the Company’s clawback policy and include customary acceleration triggers for death, disability, retirement, and Change in Control scenarios. While no executive departures, appointments, or governance votes are reported, the scale and structure of these awards represent a significant component of total direct compensation for Apogee’s leadership team and may influence investor assessments of pay-for-performance rigor and succession planning stability.