Tang Vance W 4
Research Summary
AI-generated summary
American Woodmark (AMWD) Director Vance Tang Disposes 62,234 Shares
What Happened
Vance Tang, a director of American Woodmark Corporation (AMWD), recorded a disposition to the issuer of 62,234 shares on May 28, 2026. The Form 4 lists the transaction as a "Disposition to the issuer (D)" with no per‑share price or total value reported (N/A). This transaction was reported on May 29, 2026.
Key Details
- Transaction date: 2026-05-28; filing date: 2026-05-29 (timely).
- Transaction type/code: Disposition to issuer (D) — shares were surrendered to the company/issuer rather than sold on the open market.
- Shares disposed: 62,234. Price per share and total value: N/A (not reported).
- Shares owned after transaction: not provided in the excerpt of the filing.
- Footnotes: The filing states the action occurred in connection with a merger (Agreement and Plan of Merger dated Aug 5, 2025). At the merger's effective time each company share converted into the right to receive 5.150 shares of the parent (MasterBrand, Inc.), and non‑employee directors' restricted stock units converted into Parent shares (less tax withholding and cash payment for any fractional shares).
Context
This was a disposition to the issuer tied to the company’s merger and conversion process, not an open‑market sale. Dispositions to the issuer commonly reflect surrender/conversion of shares or withholding for taxes in corporate transactions; they do not necessarily indicate trading sentiment.