Akoma Latasha 4

What Happened

• Akoma Latasha, a director of American Woodmark Corporation (AMWD), recorded a disposition to the issuer of 7,740 shares on May 28, 2026. The filing lists the price as N/A because the shares were surrendered in connection with the company’s merger (not sold on the open market).
• Under the Merger Agreement, each AMWD share converted into the right to receive 5.150 shares of the Parent (MasterBrand, Inc.). The 7,740 AMWD shares correspond to 7,740 × 5.150 = 39,861 Parent shares (subject to any cash-in-lieu for fractional shares and tax withholdings). No cash sale price or total dollar value is reported in the Form 4.

Key Details

• Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely).
• Transaction type/code: Disposition to issuer (D); price reported as N/A.
• Shares disposed: 7,740 AMWD shares → ~39,861 Parent shares at a 5.150 exchange ratio (per Merger Agreement).
• Shares owned after transaction: Not reported in this filing.
• Notable footnotes: F1 confirms the Merger Sub merged into AMWD and AMWD became a wholly owned subsidiary of Parent; F2 explains the 5.150 exchange ratio and RSU conversion (with cash in lieu for fractions and tax withholding).
• This was a corporate merger conversion, not an open-market sale or a purchase plan.

Context

• “Disposition to the issuer” here reflects conversion under the merger, meaning the director’s AMWD shares were exchanged for Parent consideration per the agreement. This type of filing documents the corporate reorganization mechanics and should not be interpreted as a typical insider sale or market sentiment.