American Woodmark grants performance-based options/RSUs to CEO, CFO, SVP tied to 3-year EBITDA target

AMERICAN WOODMARK CORP

CEO Culbreth receives 20,520 performance-based options and 6,840 RSUs; CFO Joachimczyk and SVP Adams each get 10,260 options and 3,420 RSUs.
Awards vest Sept 5, 2026 subject to achieving a three-year cumulative Adjusted EBITDA target and continued employment through that date.
Options have exercise price equal to closing stock price on Sept 5, 2023 grant date and expire 10 years from grant.
If the Adjusted EBITDA target is not met, all awards are forfeited; no partial vesting.
Granted under American Woodmark 2023 Stock Incentive Plan as supplemental long-term incentive.

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