STOCK TITAN

AWI (AWI) VP & Controller gains shares as 2,015 performance units vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Armstrong World Industries vice president and controller James T. Burge exercised performance-based restricted stock units into common shares as part of his equity compensation. On April 8, 2026, 2,015 performance restricted stock units converted into 2,015 shares of common stock after performance goals were certified under the company’s 2022 Equity and Cash Incentive Plan.

To cover related tax obligations from this vesting event, 877 common shares were withheld by the company at a price of $172.77 per share. After these transactions, Burge directly held 3,196 shares of Armstrong World Industries common stock. The filing reflects routine equity award vesting tied to pre-established performance metrics.

Positive

  • None.

Negative

  • None.
Insider Burge James T.
Role Vice President & Controller
Type Security Shares Price Value
Exercise Performance Based Restricted Stock Units 2,015 $0.00 --
Exercise Common Stock 2,015 $0.00 --
Tax Withholding Common Stock 877 $172.77 $152K
Holdings After Transaction: Performance Based Restricted Stock Units — 0 shares (Direct); Common Stock — 4,073 shares (Direct)
Footnotes (1)
  1. Reflects the conversion of previously granted performance restricted stock units into shares of Issuer's common stock in connection with the earning and payment of the units based on underlying performance metrics. Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the earning and payment of certain restricted stock units granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan. Each performance restricted stock unit represents a contingent right to receive one share of Issuer's common stock. The performance restricted stock units were granted on March 1, 2023, under the 2022 Equity and Cash Incentive Plan of the Issuer. The performance period for the performance restricted stock units was January 1, 2023 to December 31, 2025, with the performance restricted stock units vesting at the conclusion of the performance period and earning and payment subject to achievement and certification of pre-established performance conditions. Achievement of the performance conditions was certified by the Management Development and Compensation Committee of the Board of Directors of the Issuer on April 8, 2026. Not applicable.
Performance RSUs converted 2,015 units/shares Converted to common stock on April 8, 2026
Shares withheld for taxes 877 shares Tax withholding at $172.77 per share
Tax withholding price $172.77 per share Used to value shares withheld for tax obligations
Shares held after transactions 3,196 shares Direct common stock ownership after April 8, 2026
Derivative awards remaining 0 units No remaining performance restricted stock units in this filing
Performance Based Restricted Stock Units financial
"Reflects the conversion of previously granted performance restricted stock units into shares of Issuer's common stock"
performance restricted stock unit financial
"Each performance restricted stock unit represents a contingent right to receive one share of Issuer's common stock."
2022 Equity and Cash Incentive Plan financial
"granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan."
tax obligations financial
"number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the earning and payment"
Management Development and Compensation Committee financial
"Achievement of the performance conditions was certified by the Management Development and Compensation Committee of the Board of Directors"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burge James T.

(Last)(First)(Middle)
C/O ARMSTRONG WORLD INDUSTRIES, INC.
2500 COLUMBIA AVENUE

(Street)
LANCASTER PENNSYLVANIA 17603

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ARMSTRONG WORLD INDUSTRIES INC [ AWI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President & Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/08/2026M2,015(1)A$04,073D
Common Stock04/08/2026F877(2)D$172.773,196D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Based Restricted Stock Units(3)04/08/2026M2,015 (4) (5)Common Stock2,015$00D
Explanation of Responses:
1. Reflects the conversion of previously granted performance restricted stock units into shares of Issuer's common stock in connection with the earning and payment of the units based on underlying performance metrics.
2. Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the earning and payment of certain restricted stock units granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan.
3. Each performance restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
4. The performance restricted stock units were granted on March 1, 2023, under the 2022 Equity and Cash Incentive Plan of the Issuer. The performance period for the performance restricted stock units was January 1, 2023 to December 31, 2025, with the performance restricted stock units vesting at the conclusion of the performance period and earning and payment subject to achievement and certification of pre-established performance conditions. Achievement of the performance conditions was certified by the Management Development and Compensation Committee of the Board of Directors of the Issuer on April 8, 2026.
5. Not applicable.
/s/ Alan M. Kidd, Attorney-in-fact04/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AWI executive James T. Burge report on this Form 4?

James T. Burge reported the vesting and conversion of 2,015 performance restricted stock units into common stock on April 8, 2026. These units were earned based on pre-established performance metrics under Armstrong World Industries’ 2022 Equity and Cash Incentive Plan.

How many Armstrong World Industries (AWI) shares does James T. Burge hold after this filing?

After the reported transactions, James T. Burge holds 3,196 shares of Armstrong World Industries common stock directly. This reflects his position following both the conversion of performance restricted stock units and the shares withheld for tax obligations tied to the vesting.

What are performance restricted stock units in the AWI Form 4 for James T. Burge?

Each performance restricted stock unit represents a contingent right to receive one share of Armstrong World Industries common stock. Burge’s units vested and were earned based on performance metrics for a period running from January 1, 2023 to December 31, 2025.

Why were some AWI shares withheld in James T. Burge’s Form 4 transaction?

Armstrong World Industries withheld 877 shares of common stock to satisfy James T. Burge’s tax obligations arising from the vesting and payment of certain restricted stock units. This tax-withholding disposition is a non-market transaction and part of routine equity award administration.

What performance period applied to James T. Burge’s AWI performance restricted stock units?

The performance restricted stock units granted to James T. Burge had a performance period from January 1, 2023 to December 31, 2025. Achievement of the performance conditions was certified by the board’s Management Development and Compensation Committee on April 8, 2026.

Under which plan were James T. Burge’s AWI performance restricted stock units granted?

James T. Burge’s performance restricted stock units were granted on March 1, 2023 under Armstrong World Industries’ 2022 Equity and Cash Incentive Plan. Vesting, earning, and payment of these units depended on meeting and certifying pre-established performance conditions over the defined performance period.