Adams Robert J JR 4
4 · AMERICAN WOODMARK CORP · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
American Woodmark (AMWD) SVP Robert J. Adams Jr. Surrenders 47,182 Shares
What Happened
Robert J. Adams Jr., SVP, Chief Manufacturing & Supply Chain at American Woodmark Corporation, recorded a disposition to the issuer of 47,182 shares on May 28, 2026. The filing reports no per-share price or cash value (price listed as N/A); the transfer appears tied to corporate action rather than an open‑market sale.
Key Details
- Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely filing).
- Transaction type/code: Disposition to issuer (Code D) — 47,182 shares; price N/A (no open-market sale).
- Shares owned after transaction: Not disclosed in this filing.
- Footnote F1: The transfer occurred at the Effective Time of a merger in which American Woodmark became a wholly owned subsidiary of MasterBrand, Inc. (merger agreement dated Aug 5, 2025).
- Footnote F2: Company restricted stock units converted into restricted stock units of Parent stock based on the exchange ratio (fractional shares rounded down).
Context
A Code D disposition to the issuer typically reflects transfers back to the company (for example, in connection with a merger, conversion, tax withholding, or cancellation) rather than an insider selling shares into the market. Because this action is tied to the merger effective May 28, 2026 and the filing lists no market price or proceeds, it should not be read the same way as an open‑market sale.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1][F2]2026-05-28−47,182→ 0 total
Footnotes (2)
- [F1]On May 28, 2026, pursuant to that certain Agreement and Plan of Merger, dated August 5, 2025, by and among MasterBrand, Inc., a Delaware corporation (Parent), Maple Merger Sub, Inc., a Virginia corporation and wholly owned subsidiary of Parent (Merger Sub), and American Woodmark Corporation, a Virginia corporation (the Company), Merger Sub merged with and into the Company with the Company surviving as a wholly owned subsidiary of Parent (the Merger).
- [F2]In addition, at the Effective Time, each restricted stock unit held by the Company's officers converted into a restricted stock unit with respect to shares of Parent common stock equal to the number of shares of Company common stock subject to the restricted stock unit immediately prior to the Effective Time multiplied by the Exchange Ratio (with any fractional shares rounded down to the nearest whole share).