Armstrong World SVP exercises RSUs, withholds shares
Armstrong World Industries senior vice president and general counsel So acquired common shares through vested equity awards and had some shares withheld for taxes.
Rhea-AI Filing Summary
Armstrong World Industries senior vice president and general counsel So acquired common shares through vested equity awards and had some shares withheld for taxes. On February 27, 2026, 2,595 Restricted Stock Units were converted into 2,595 shares of common stock at $173.50 per share.
The derivative units had a stated price of $0 and converted to common stock on a one-for-one basis under the 2022 Equity and Cash Incentive Plan. To cover tax obligations from this vesting, 1,161 common shares were withheld by the company, leaving the reporting person with 8,968 common shares held directly afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,595 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,595 | $173.50 | $450K |
| Exercise Price or Tax Liability | Common Stock | 1,161 | $173.50 | $201K |
Footnotes (4)
- F1. Restricted Stock Units convert into common stock on a one-for-one basis.
- F2. Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the vesting of certain restricted stock units granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan.
- F3. On March 1, 2023, the Reporting Person was granted 2,595 Restricted Stock Units, which vest 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).
- F4. Price of Derivative Security is $0.
FAQ
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What insider transaction did AWI report for its SVP and general counsel?
How many Armstrong World (AWI) RSUs vested and converted into common stock?
How are AWI Restricted Stock Units priced and converted in this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.