COO at Armstrong World (AWI) granted 7,666 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hershey Mark A reported acquisition or exercise transactions in this Form 4 filing.
Armstrong World Industries reported that its SVP & Chief Operating Officer, Mark A. Hershey, received a grant of 7,666 restricted stock units on February 25, 2026. Each unit represents the right to receive one share of common stock under the company’s 2022 Equity and Cash Incentive Plan.
The restricted stock units will vest in full on February 25, 2029, contingent on Hershey’s continued employment with the company through that date, subject to the plan’s terms. This is a non-cash, equity-based compensation award that aligns the executive’s interests with long-term company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hershey Mark A
Role
SVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,666 | $172.21 | $1.32M |
Holdings After Transaction:
Restricted Stock Units — 7,666 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock under the Issuer's 2022 Equity and Cash Incentive Plan. The restricted stock units were granted to the Reporting Person on February 25, 2026 and will vest in full on February 25, 2029 (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).
FAQ
What did Armstrong World Industries (AWI) disclose in this Form 4 filing?
Armstrong World Industries disclosed that SVP & Chief Operating Officer Mark A. Hershey received a grant of 7,666 restricted stock units on February 25, 2026. These units are awarded under the company’s 2022 Equity and Cash Incentive Plan and represent equity-based executive compensation.
How many restricted stock units were granted to Mark A. Hershey at AWI?
Mark A. Hershey was granted 7,666 restricted stock units. Each unit represents a contingent right to receive one share of Armstrong World Industries common stock under the 2022 Equity and Cash Incentive Plan, providing long-term, stock-based compensation tied to the company’s future performance.
When do the newly granted AWI restricted stock units vest for Mark A. Hershey?
The 7,666 restricted stock units granted to Mark A. Hershey vest in full on February 25, 2029. Vesting is contingent on his continued employment with Armstrong World Industries through that date, subject to the terms of the 2022 Equity and Cash Incentive Plan.
What does each AWI restricted stock unit granted to Mark A. Hershey represent?
Each restricted stock unit represents a contingent right to receive one share of Armstrong World Industries common stock. The award is granted under the 2022 Equity and Cash Incentive Plan, making it a form of stock-based compensation rather than an immediate cash payment.
Under which plan were the AWI restricted stock units granted to Mark A. Hershey?
The 7,666 restricted stock units granted to Mark A. Hershey were issued under Armstrong World Industries’ 2022 Equity and Cash Incentive Plan. This plan governs the terms of stock-based awards, including vesting conditions and treatment of grants for key executives.