AWI CEO Grizzle reports RSU vesting and tax shares
Armstrong World Industries CEO Victor Grizzle reported equity award activity and related tax withholding.
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Rhea-AI Filing Summary
Armstrong World Industries CEO Victor Grizzle reported equity award activity and related tax withholding. On February 27, 2026, 25,744 restricted stock units converted into the same number of common shares at a derivative price of $0. At a common stock price of $173.50 per share, 10,337 shares were withheld to cover tax obligations on vesting, leaving Grizzle with 409,385 common shares directly owned.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 25,744 | $0.00 | $0.00 |
| Exercise | Common Stock | 25,744 | $173.50 | $4.47M |
| Exercise Price or Tax Liability | Common Stock | 10,337 | $173.50 | $1.79M |
Footnotes (4)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis.
- F2. Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the vesting of certain restricted stock units granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan.
- F3. On March 1, 2023, the Reporting Person was granted 25,744 Restricted Stock Units, which vest on the third anniversary of the grant (contingent upon the Reporting Person's employment with the Issuer on the scheduled vesting date, except as provided for under the Issuer's 2022 Equity and Cash Incentive Plan).
- F4. Price of Derivative Security is $0.
FAQ
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What insider transactions did AWI CEO Victor Grizzle report on this Form 4?
Were Victor Grizzle’s AWI transactions open-market buys or sells?
What do the restricted stock unit footnotes in Victor Grizzle’s AWI filing explain?
When were the restricted stock units in Victor Grizzle’s AWI Form 4 originally granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.