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  4. [Form 4] ARMSTRONG WORLD INDUSTRIES INC Insider Trading Activity

Armstrong (AWI) SVP granted 2,927 RSUs with multi-year vesting

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

Rhea-AI Filing Summary

Cicali Jessica Marie reported acquisition or exercise transactions in this Form 4 filing.

Armstrong World Industries reported that SVP, General Counsel & Chief Compliance Officer Jessica Marie Cicali received two grants of restricted stock units as equity compensation. On April 1, 2026, she was granted 1,811 RSUs that vest in three annual installments and 1,116 RSUs that vest in full on April 1, 2029. Each RSU represents a contingent right to receive one share of common stock under the company’s 2022 Equity and Cash Incentive Plan, and the grants were made at a price of $0 per unit, contingent on continued employment through the respective vesting dates.

Positive

  • None.

Negative

  • None.
Insider Cicali Jessica Marie
Role SVP, GC & CCO, Secretary
Type Security Shares Price Value
Grant/Award Restricted Stock Units 1,811 $0.00 --
Grant/Award Restricted Stock Units 1,116 $0.00 --
Holdings After Transaction: Restricted Stock Units — 1,811 shares (Direct)
Footnotes (1)
  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. On April 1, 2026, the Reporting Person was granted 1,811 restricted stock units, which vest as follows: (1) 603 on the first anniversary of the grant, (2) 604 on the second anniversary of the grant and (3) 604 on the third anniversary of the grant (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). Price of Derivative Security is $0. The restricted stock units were granted to the Reporting Person on April 1, 2026 and will vest in full on April 1, 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).
RSU grant 1 1,811 RSUs Granted April 1, 2026; equity award under 2022 plan
RSU grant 2 1,116 RSUs Granted April 1, 2026; equity award under 2022 plan
Grant price $0 per RSU Price of derivative security for both RSU awards
Vesting schedule grant 1 603 / 604 / 604 RSUs Vest on first, second, and third anniversaries of April 1, 2026
Vesting date grant 2 April 1, 2029 1,116 RSUs vest in full on this date
Post-grant RSUs grant 1 1,811 RSUs Total restricted stock units following first transaction
Post-grant RSUs grant 2 1,116 RSUs Total restricted stock units following second transaction
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2022 Equity and Cash Incentive Plan financial
"under the Issuer's 2022 Equity and Cash Incentive Plan"
contingent right financial
"represents a contingent right to receive one share of the Issuer's common stock"
vest financial
"restricted stock units, which vest as follows: (1) 603 on the first anniversary"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
derivative security financial
"Price of Derivative Security is $0."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 Insider Transactions: What Each Field Means →
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*
Cicali Jessica Marie
(Last)(First)(Middle)
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)
SVP, GC & CCO, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		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
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
Restricted Stock Units(1)(1)04/01/2026A1,811 (2) (2)Common Stock1,811$0(3)1,811D
Restricted Stock Units(1)(1)04/01/2026A1,116 (4) (4)Common Stock1,116$0(3)1,116D
Explanation of Responses:
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.
2. On April 1, 2026, the Reporting Person was granted 1,811 restricted stock units, which vest as follows: (1) 603 on the first anniversary of the grant, (2) 604 on the second anniversary of the grant and (3) 604 on the third anniversary of the grant (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).
3. Price of Derivative Security is $0.
4. The restricted stock units were granted to the Reporting Person on April 1, 2026 and will vest in full on April 1, 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).
/s/ Jessica Marie Cicali04/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What equity did AWI grant to SVP Jessica Cicali in this Form 4?

Armstrong World Industries granted Jessica Cicali two awards of restricted stock units: 1,811 RSUs and 1,116 RSUs. Each RSU represents a contingent right to receive one share of common stock under the company’s 2022 Equity and Cash Incentive Plan, subject to future vesting.

How do Jessica Cicali’s 1,811 AWI restricted stock units vest?

The 1,811 restricted stock units vest in three annual tranches: 603 units on the first anniversary, 604 units on the second, and 604 units on the third. Vesting requires continued employment, except as otherwise provided in the 2022 Equity and Cash Incentive Plan.

When do the additional 1,116 AWI restricted stock units vest?

The separate grant of 1,116 restricted stock units to Jessica Cicali will vest in full on April 1, 2029. This vesting is contingent on her continued employment with Armstrong World Industries, subject to any exceptions in the 2022 Equity and Cash Incentive Plan.

What does each AWI restricted stock unit granted to Jessica Cicali represent?

Each restricted stock unit represents a contingent right to receive one share of Armstrong World Industries common stock. These units are granted under the company’s 2022 Equity and Cash Incentive Plan and convert into shares only upon satisfying vesting and employment conditions.

What price did Jessica Cicali pay for the AWI restricted stock units?

The Form 4 states that the price of the derivative security, the restricted stock units, is $0. This reflects that the RSUs are a compensation grant, not purchased shares, and will convert into common stock only if vesting conditions are met.

Are Jessica Cicali’s AWI restricted stock units considered direct holdings?

Yes. The Form 4 lists both restricted stock unit awards to Jessica Cicali as directly owned. The ownership code is shown as “D,” indicating direct ownership rather than indirect holdings through another entity or account.