Culbreth Michael Scott 4
Research Summary
AI-generated summary
American Woodmark (AMWD) CEO Michael Culbreth Receives Award
What Happened
- Michael Scott Culbreth, President & CEO of American Woodmark Corp (AMWD), was granted 11,798 shares as an award (reported as acquired at $0.00) on May 20, 2026. This grant reflects the achievement of performance conditions tied to an award originally granted June 1, 2023.
Key Details
- Transaction date: 2026-05-20; Form filed: 2026-05-21 (timely).
- Transaction type/code: A (award/grant); shares acquired: 11,798; acquisition price reported: $0.00.
- Shares owned after transaction: not specified in the provided Form 4 data.
- Footnote: These are performance-based restricted stock units that met performance conditions from the June 1, 2023 award but remain subject to an additional service-based vesting requirement that expires on June 1, 2026.
Context
- This is a compensation-related award (restricted stock units), not an open-market purchase or sale. Because the units remain subject to service-based vesting through June 1, 2026, they are not immediately transferable and do not represent an immediate cash value in the market. Such awards are common executive compensation and should be viewed as part of long-term incentive pay rather than a direct short-term trading signal.