Armstrong World COO awarded 7,666 RSUs
Hershey Mark A reported acquisition or exercise transactions in this Form 4 filing.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,666 | $172.21 | $1.32M |
Footnotes (2)
- F1. 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.
- F2. 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Armstrong World Industries (AWI) disclose in this Form 4 filing?
How many restricted stock units were granted to Mark A. Hershey at AWI?
When do the newly granted AWI restricted stock units vest for Mark A. Hershey?
What does each AWI restricted stock unit granted to Mark A. Hershey represent?
Under which plan were the AWI restricted stock units granted to Mark A. Hershey?
AI-generated analysis. How Rhea-AI works. Not financial advice.