HENDRIX DANIEL T 4

What Happened Daniel T. Hendrix, a director of American Woodmark Corporation (AMWD), recorded a disposition to the issuer of 15,570 shares on May 28, 2026. The filing lists the transaction type as a disposition to the issuer (code D); no per-share price or total dollar value is reported on the Form 4. This transaction was completed as part of the company’s merger with MasterBrand, Inc., not as an open-market sale.

Key Details

• Transaction date: 2026-05-28 (reported on Form 4 2026-05-29; filing appears timely).
• Transaction type/code: Disposition to issuer (D).
• Shares disposed: 15,570. Price and total value: N/A / not reported.
• Shares owned after transaction: Not disclosed in the provided filing.
• Relevant footnotes: (F1) Merger effected May 28, 2026 between American Woodmark and MasterBrand, Inc.; (F2) each Company share converted into the right to receive 5.150 Parent (MasterBrand) shares; restricted stock units for non-employee directors converted into Parent shares using the same exchange ratio, with cash paid for fractional shares and tax withholding applied.
• Not an open-market sale—this was a merger-related conversion/disposition to the issuer.

Context Because this was a merger-related disposition/conversion rather than a market sale, it reflects the corporate change of control mechanics (exchange of Company shares/RSUs for Parent shares or cash for fractions) rather than a director signaling buy/sell sentiment. Purchases generally carry more weight for interpreting insider confidence; merger-driven dispositions are often procedural.