v3.26.1
Fair Value Measurements
12 Months Ended
Dec. 31, 2025
EBP 001  
EBP, Investment, Fair Value and NAV [Line Items]  
Fair Value Measurements Fair Value Measurements
The Plan’s investments are carried at fair value using a three-level valuation hierarchy for fair value measurement.
These levels are described below:

Level 1 – Investments with quoted prices for identical assets or liabilities in active markets.

Level 2 – Investments with observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 – Investments with unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Financial assets and liabilities measured at fair value on a recurring basis are as follows:
Fair Value Measurements as of December 31, 2025
Level 1Level 2Level 3Total
Cash$30,072 $— $— $30,072 
Mutual funds59,444,291 — — 59,444,291 
Collective funds— 269,563,676 — 269,563,676 
Pooled separate funds— 34,107,233 — 34,107,233 
American Woodmark Corporation stock fund:
Money market fund— 427,007 — 427,007 
American Woodmark Corporation common stock22,833,980 — — 22,833,980 
Total American Woodmark Corporation stock fund22,833,980 427,007 — 23,260,987 
Total investments$82,308,343 $304,097,916 $— $386,406,259 

Fair Value Measurements as of December 31, 2024
Level 1Level 2Level 3Total
Mutual funds$77,756,794 $— $— $77,756,794 
Collective funds— 239,784,611 — 239,784,611 
American Woodmark Corporation stock fund:
Money market fund— 706,914 — 706,914 
American Woodmark Corporation common stock33,699,883 — — 33,699,883 
Total American Woodmark Corporation stock fund33,699,883 706,914 — 34,406,797 
Total investments$111,456,677 $240,491,525 $— $351,948,202 

The availability of observable market data is monitored to assess the appropriate classification of financial instruments within the fair value hierarchy. Changes in economic conditions or model-based valuation techniques may require the transfer of financial instruments from one fair value level to another.

We evaluated the significance of transfers between levels based upon the nature of the financial instrument and size of the transfer relative to total net assets available for benefits. For the years ended December 31, 2025 and 2024, there were no significant transfers in or out of different levels.