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Armstrong World Industries (AWI) CEO Victor Grizzle awarded 6,272 RSUs

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
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 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)
  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.
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SEC Form 4
FORM 4 UNITED 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*
Grizzle Victor

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

(Street)
LANCASTER PA 17603

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ARMSTRONG WORLD INDUSTRIES INC [ AWI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) (1) 02/25/2026 A 6,272 (2) (2) Common Stock 6,272 $172.21 6,272 D
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. 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.
/s/ Alan M. Kidd, Attorney-in-fact 02/26/2026
** Signature of Reporting Person Date
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.

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.

At what price per share is the AWI restricted stock unit grant recorded?

The grant is recorded at a price of $172.21 per restricted stock unit. This figure appears in the Form 4 as the transaction price per unit, providing a reference value for the award granted to Armstrong World Industries CEO Victor Grizzle.