Armstrong World Industries (AWI) CEO Victor Grizzle awarded 6,272 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grizzle Victor reported acquisition or exercise transactions in this Form 4 filing.
Armstrong World Industries CEO Victor Grizzle received a grant of 6,272 restricted stock units on February 25, 2026 under the company’s 2022 Equity and Cash Incentive Plan. Each unit represents one share of common stock and will vest in full on February 25, 2029 or upon his qualifying retirement after December 25, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grizzle Victor
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,272 | $172.21 | $1.08M |
Holdings After Transaction:
Restricted Stock Units — 6,272 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 the earlier of (i) 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) and (ii) the Reporting Person's retirement, provided such retirement occurs on or after December 25, 2026, subject to the terms of the Issuer's 2022 Equity and Cash Incentive Plan.
FAQ
What insider transaction did AWI report for Victor Grizzle on this Form 4?
Armstrong World Industries reported that CEO Victor Grizzle received a grant of restricted stock units. The award was made on February 25, 2026 under the company’s 2022 Equity and Cash Incentive Plan and is recorded as an acquisition-type transaction on the Form 4.
How many restricted stock units did AWI CEO Victor Grizzle receive?
Victor Grizzle received 6,272 restricted stock units. The filing states that following this grant he directly holds 6,272 restricted stock units, each representing a contingent right to receive one share of Armstrong World Industries common stock under the 2022 Equity and Cash Incentive Plan.
What does each restricted stock unit represent in the AWI Form 4 grant?
Each restricted stock unit represents a contingent right to receive one share of Armstrong World Industries common stock. The units were granted under the company’s 2022 Equity and Cash Incentive Plan as part of the CEO’s equity-based compensation package, subject to vesting conditions.
What is the vesting schedule for Victor Grizzle’s AWI restricted stock units?
The restricted stock units vest in full on February 25, 2029, if Victor Grizzle remains employed on that date. Alternatively, they vest upon his retirement, provided retirement occurs on or after December 25, 2026, consistent with the terms of the 2022 Equity and Cash Incentive Plan.
Is Victor Grizzle’s ownership of these AWI restricted stock units direct or indirect?
The Form 4 indicates that Victor Grizzle’s ownership of the 6,272 restricted stock units is direct. The ownership code is shown as “D,” meaning he personally holds the award rather than through a separate entity, trust, or other indirect ownership structure.