Armstrong World (NYSE: AWI) SVP awarded 1,185 restricted stock units vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Crager Jill A. reported acquisition or exercise transactions in this Form 4 filing.
Armstrong World Industries senior vice president Jill A. Crager received a grant of 1,185 restricted stock units on February 25, 2026. Each unit represents a contingent right to receive one share of common stock under the company’s 2022 Equity and Cash Incentive Plan.
The units will vest in full on February 25, 2029, if she remains employed with the company through that date, subject to any alternative provisions in the incentive plan. Following this award, she directly holds 1,185 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Crager Jill A.
Role
SVP Sales & Digital Mktg
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,185 | $172.21 | $204K |
Holdings After Transaction:
Restricted Stock Units — 1,185 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 insider transaction did AWI executive Jill A. Crager report on this Form 4?
Jill A. Crager reported receiving a grant of 1,185 restricted stock units. These units were awarded under Armstrong World Industries’ 2022 Equity and Cash Incentive Plan and represent a contingent right to receive common shares, rather than an immediate stock purchase or sale.
When do Jill A. Crager’s AWI restricted stock units vest and what is required?
The 1,185 restricted stock units vest in full on February 25, 2029. Vesting is contingent on Jill A. Crager remaining employed by Armstrong World Industries through that date, except as otherwise provided under the company’s 2022 Equity and Cash Incentive Plan governing these awards.
How many AWI restricted stock units does Jill A. Crager hold after this grant?
After this grant, Jill A. Crager directly holds 1,185 restricted stock units. The filing indicates these units were acquired in a single award transaction, and each unit corresponds to a contingent right to receive one share of Armstrong World Industries common stock in the future.
What does each AWI restricted stock unit granted to Jill A. Crager represent?
Each restricted stock unit represents a contingent right to receive one share of Armstrong World Industries common stock. The rights are issued under the company’s 2022 Equity and Cash Incentive Plan and will convert into shares only upon satisfaction of vesting and other applicable plan conditions.
What transaction code is used for Jill A. Crager’s AWI restricted stock unit grant?
The transaction is coded “A” for a grant, award, or other acquisition. This indicates an equity-based compensation award rather than an open-market purchase or sale, and reflects her receipt of 1,185 restricted stock units under the company’s 2022 Equity and Cash Incentive Plan.