Form 4: American Woodmark Director Akoma Latasha Acquires 1,370 Shares of Common Stock
SEC Form 4 Filing
Director Latasha Akoma acquired 1,370 shares of American Woodmark Corp common stock on August 22, 2024, through a service-based restricted stock unit award.
Summary
- On August 22, 2024, Latasha Akoma, a director of American Woodmark Corp, acquired 1,370 shares of common stock.
- The acquisition was in the form of a service-based restricted stock unit award.
- These restricted stock units will vest on August 22, 2025.
- Following the transaction, Akoma directly owns 5,590 shares of American Woodmark Corp.
- The transaction was reported on September 18, 2024.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as a director increasing their stake in the company is generally viewed favorably.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Industry Context
Director share acquisitions are common and are viewed as a positive sign, indicating the director's belief in the company's future performance.
Stakeholder Impact
- Shareholders may view the director's stock acquisition positively.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: Latasha Akoma acquired 1,370 shares of common stock. |
| 08/22/2025 | Vesting date for the service-based restricted stock units. |
| 09/18/2024 | Date of filing the Form 4. |
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