AMERICAN WOODMARK CORP·4

May 29, 4:12 PM ET

Videtto Emily Cavanagh 4

Research Summary

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American Woodmark (AMWD) Director Videtto Surrenders 8,930 Shares

What Happened Emily Cavanagh Videtto, a director of American Woodmark Corporation (AMWD), had 8,930 shares disposed to the issuer on May 28, 2026. The Form 4 records this as a "Disposition to the issuer" (code D) with no price or cash proceeds reported. The filing indicates the transaction occurred in connection with the Merger of American Woodmark into MasterBrand (see footnotes).

Key Details

  • Transaction date: 2026-05-28; Form 4 filed 2026-05-29.
  • Transaction type/code: Disposition to issuer (D). Shares: 8,930. Price/proceeds: not reported (N/A).
  • Shares owned after the transaction: not disclosed on the filing.
  • Footnotes: The disposition arises from the Merger (effective May 28, 2026) under which each Company share/RSU converted into the right to receive 5.150 shares of Parent (MasterBrand) common stock; restricted stock units for non‑employee directors converted into Parent shares and fractional shares were cashed out per the Merger Agreement, less applicable tax withholding.
  • This was not an open‑market sale; it appears to be an issuer withholding of shares to satisfy tax obligations (common in mergers/RSU conversions).

Context A "Disposition to the issuer" in merger contexts commonly reflects share withholding to cover taxes on converted awards rather than a directional sale by the insider. Such transactions do not necessarily signal insider sentiment about the company’s prospects. Purchases or open‑market sales tend to be more informative about trading intent.