AWI director granted 876 restricted stock units
Loughran Barbara reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Loughran Barbara reported acquisition or exercise transactions in this Form 4 filing.
Armstrong World Industries director Barbara Loughran received an equity grant of 876 restricted stock units as part of her annual Board retainer. The units were granted under the 2016 Directors Stock Unit Plan and the company’s nonemployee Director Compensation Program. They vest contingent on her continued Board service, or earlier upon death, total and permanent disability, or a defined Change in Control. The grant date fair value was based on the company’s June 12, 2026 closing share price of $154.21. After this award, she holds a total of 9,744 units, including vested, unvested and units not yet acquirable.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 876 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. Represents an 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 June 12, 2026, which price was $154.21.
- F3. 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.
Key Figures
Key Terms
restricted stock units financial
2016 Directors Stock Unit Plan financial
Change in Control financial
Accounting Standards Codification Topic 718 financial
FAQ
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What did AWI director Barbara Loughran report in this Form 4 filing?
How many Armstrong World Industries units does Barbara Loughran hold after this grant?
How is the grant date fair value of AWI restricted stock units calculated?
When do Barbara Loughran’s AWI restricted stock units vest and become acquirable?
What plan governs the restricted stock unit grant to AWI director Barbara Loughran?
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