American Woodmark Corp (AMWD) SVP receives 838-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
American Woodmark Corp SVP Remodel Sales Dwayne L. Medlin acquired 838 shares of common stock as a grant tied to performance-based restricted stock units originally awarded on June 1, 2023. After this award, he directly owns 20,536 shares, which remain subject to service-based vesting until June 1, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MEDLIN DWAYNE L
Role
SVP, Remodel Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 838 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,536 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 838 shares
Post-transaction holdings: 20,536 shares
Grant price: $0.0000 per share
+2 more
5 metrics
Shares granted
838 shares
Common Stock grant on May 20, 2026 (Form 4 code A)
Post-transaction holdings
20,536 shares
Total common shares directly owned after grant
Grant price
$0.0000 per share
Stock award issued at no cash cost to executive
Original RSU grant date
June 1, 2023
Performance-based cultural RSUs originally awarded
Service vesting end date
June 1, 2026
Additional service-based vesting requirement expiration
Key Terms
restricted stock units, performance conditions, service-based vesting requirement
3 terms
restricted stock units financial
"Reflects the achievement of the performance conditions applicable to cultural-based restricted stock units, which were originally awarded on June 1, 2023."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance conditions financial
"Reflects the achievement of the performance conditions applicable to cultural-based restricted stock units, which were originally awarded on June 1, 2023."
service-based vesting requirement financial
"These restricted stock units are subject to an additional service-based vesting requirement, which will expire on June 1, 2026."
FAQ
What insider transaction did AMWD executive Dwayne Medlin report?
Dwayne L. Medlin reported acquiring 838 shares of American Woodmark common stock. The shares reflect achievement of performance conditions on cultural-based restricted stock units originally granted on June 1, 2023, and are still subject to service-based vesting requirements through June 1, 2026.
Is the AMWD Form 4 transaction an open-market purchase or a grant?
The AMWD Form 4 shows a grant or award, not an open-market purchase. Code “A” indicates a grant, with 838 shares issued at zero price as part of performance-based restricted stock units rather than shares bought on the public market.
What vesting conditions apply to Dwayne Medlin’s AMWD stock award?
The 838-share award stems from cultural-based restricted stock units whose performance conditions have been met. However, these units still carry a service-based vesting requirement that will expire on June 1, 2026, meaning full ownership depends on continued service until that date.
When were the AMWD restricted stock units underlying this award originally granted?
The restricted stock units were originally granted on June 1, 2023. The current 838-share award reflects achievement of their performance conditions, while an additional service-based vesting condition continues until June 1, 2026, before the shares are fully vested to the executive.
Does the AMWD Form 4 indicate any stock sales by Dwayne Medlin?
The Form 4 does not report any stock sales by Dwayne Medlin. It only shows an acquisition coded as a grant or award for 838 shares of common stock, with no dispositions, gifts, tax withholdings, or open-market sales included in this filing.