Armstrong World (AWI) director receives 435 RSUs under 2016 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Armstrong World Industries (AWI) reported a routine insider equity grant: a director received 435 restricted stock units on 10/29/2025 at a stated price of $0 per unit. Following the transaction, the director beneficially owned 435 units, held directly.
The award was made under the company’s 2016 Directors Stock Unit Plan and vests on the earlier of the next annual shareholders meeting, death or total and permanent disability, or a Change in Control. The grant date fair value was determined using the $191.99 closing price on October 29, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HOLLERAN KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 435 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 435 shares (Direct)
Footnotes (1)
- Restricted stock units granted under the 2016 Directors Stock Unit Plan (the "2016 Plan"), and as part of the Issuer's nonemployee Director Compensation Program. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the date of the next annual shareholders meeting following the grant; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control (as defined in the 2016 Plan). Vested units will be acquirable by the Director, at the election of the Director: (i) at the vesting of the units on the date of the next annual shareholders meeting following the grant or (ii) at the time of the Director's termination of service. Represents a prorated annual grant of restricted stock units as the equity portion of the Director's retainer for Board service under the Issuer's nonemployee Director Compensation Program. The grant date fair value of the units is calculated under the Financial Accounting Standards Board's Accounting Standards Codification Topic 718 using the closing stock price of the Issuer's common shares on October 29, 2025, which price was $191.99. Includes vested and unvested units as well as units not yet acquirable by the Director. Under the terms of the 2016 Plan, vested units under the 2016 Plan are not acquirable by the Director until, at the election of the Director: (i) the vesting of the units on the date of the next annual shareholders meeting following the grant or (ii) the time of the Director's termination of service.
FAQ
What did AWI disclose in this Form 4?
A director received 435 restricted stock units on 10/29/2025, with direct beneficial ownership of 435 units after the transaction.
What are the vesting conditions for the AWI director’s RSUs?
Units vest on the earlier of the next annual shareholders meeting, the director’s death or total and permanent disability, or a Change in Control.
What pricing reference was used for the AWI RSU grant?
Grant date fair value was based on the $191.99 closing price of AWI common shares on October 29, 2025.
Under which plan were the AWI RSUs granted?
They were granted under the 2016 Directors Stock Unit Plan as part of the nonemployee Director Compensation Program.
How are the AWI RSUs settled after vesting?
At the director’s election, units are acquirable at vesting on the next annual shareholders meeting date or at the director’s termination of service.
What is the ownership form of the reported AWI securities?
The 435 units are held in direct ownership.