Form 4: American Woodmark SVP, CIO William Waszak Granted Restricted Stock Units

William L. Waszak, Senior Vice President and Chief Information Officer of American Woodmark Corp., was awarded 2,924 service-based restricted stock units, valued at $56.37 per unit, which will vest in three equal annual installments starting June 1, 2026.

Summary

• William L. Waszak, SVP, CIO of American Woodmark Corp. (AMWD), was granted 2,924 service-based restricted stock units (RSUs) on June 1, 2025.
• The transaction price for these RSUs was $56.37 per unit, implying a total award value of approximately $164,800.68.
• Following this transaction, Mr. Waszak beneficially owns 15,844 shares of common stock.
• The awarded RSUs will vest in three equal installments of 33 1/3% each, on June 1, 2026, June 1, 2027, and June 1, 2028.

Sentiment

Score: 7

Explanation: The sentiment is positive as the RSU award is a standard form of executive compensation that aligns management's interests with shareholders and indicates continued commitment to the executive.

Positives

• The award of restricted stock units aligns the executive's long-term interests with those of the shareholders, as the value of the compensation is tied to the company's stock performance.
• This is a standard component of executive compensation packages, indicating ongoing commitment to retaining key management.

Future Outlook

The future outlook for the executive's equity compensation is tied to the vesting schedule of the restricted stock units, with full vesting expected by June 1, 2028, contingent on continued service.

Industry Context

The granting of restricted stock units is a common and widely accepted practice in executive compensation across various industries, designed to incentivize long-term performance and align management interests with shareholder value.

Comparison to Industry Standards

• The use of service-based restricted stock units as a component of executive compensation is consistent with common practices observed in publicly traded companies across various sectors, including manufacturing and consumer durables.
• While specific comparable companies or projects are not detailed in this filing, this type of equity award is a standard mechanism for executive retention and performance alignment.

Related Party Transactions

• The award of restricted stock units to William L. Waszak, an SVP and CIO of American Woodmark Corp., constitutes a related party transaction as it involves compensation provided by the company to a key executive.

Stakeholder Impact

• Shareholders: The RSU award aligns the interests of a key executive with shareholders, as the value of the compensation is tied to the company's stock performance, potentially incentivizing long-term value creation.
• Employees: This transaction is specific to executive compensation and does not directly impact the broader employee base, though it reflects the company's compensation philosophy for senior leadership.

Next Steps

• Vesting of 33 1/3% of the restricted stock units on June 1, 2026.
• Vesting of an additional 33 1/3% of the restricted stock units on June 1, 2027.
• Vesting of the final 33 1/3% of the restricted stock units on June 1, 2028.

Key Dates

Keywords

American Woodmark, AMWD, Restricted Stock Units, RSU, Insider Transaction, Form 4, Executive Compensation, Stock Award, Corporate Officer, SVP CIO