Form 4: American Woodmark Corp Executive Sells Shares to Cover Tax Obligations

Dwayne L. Medlin, SVP of Remodel Sales at American Woodmark Corp, disposed of 942 shares of common stock to cover tax withholding liabilities related to the payment of Restricted Stock Units (RSUs).

Summary

• On June 7, 2024, Dwayne L. Medlin, SVP of Remodel Sales at American Woodmark Corp, disposed of 942 shares of common stock.
• The transaction was executed to cover tax withholding liabilities associated with the payment of Restricted Stock Units (RSUs).
• The shares were sold at a price of $86.11 per share.
• Following the transaction, Medlin directly owns 11,821 shares of American Woodmark Corp.
• The transaction was reported on June 10, 2024.

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares to cover tax obligations is a routine transaction and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates a standard transaction to cover tax obligations related to RSU payments, which is a common practice.

Key Dates