Form 4: American Woodmark SVP, CHRO Kimberly G. Coldiron Reports Stock Disposal for Tax Obligations

Kimberly G. Coldiron, SVP, CHRO of American Woodmark Corp, disposed of 867 shares of common stock on June 7, 2024, to cover tax withholding liabilities related to RSU payments.

Summary

• On June 7, 2024, Kimberly G. Coldiron, the SVP, CHRO of American Woodmark Corp, disposed of 867 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations associated with the payment of Restricted Stock Units (RSUs).
• The shares were sold at a price of $86.11 per share.
• Following the transaction, Coldiron directly owns 7,310 shares of American Woodmark Corp.
• The transaction was reported on June 10, 2024, by Jan L. Symons, Attorney-In-Fact.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations, not indicative of a change in the executive's confidence in the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This particular filing indicates a standard practice of selling shares to cover tax obligations related to RSU grants, which is common across publicly traded companies.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.

Key Dates