Osborne William H 4
4 · ARMSTRONG WORLD INDUSTRIES INC · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Armstrong World (AWI) Director William Osborne Receives RSU Award
What Happened
- William H. Osborne, a director of Armstrong World Industries (AWI), was granted 876 restricted stock units (RSUs) on June 12, 2026. The Form 4 records the acquisition price as $0.00 (typical for RSUs); the grant-date fair value is about $135,094 (876 × $154.21 closing price).
Key Details
- Transaction date: June 12, 2026; Form 4 filed June 15, 2026 (timely filing).
- Transaction type: Award/Grant (code A) of 876 restricted stock units; reported acquisition price $0.00.
- Grant-date valuation: $154.21 per share (closing price on 6/12/2026) → total ≈ $135,094 under ASC Topic 718 (see footnote F2).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1/F3: RSUs vest (subject to continued service) on the earlier of the next annual shareholders’ meeting, the director’s death/total disability, or a Change in Control. Vested units aren’t automatically acquirable until the director elects either vesting at the next annual meeting or at termination of service.
- F2: Confirms valuation method and price used.
- No indication of sale, exercise, or tax withholding in this filing.
Context
- This is a standard annual equity retainer for a non-employee director under the company’s 2016 Directors Stock Unit Plan and the director compensation program. RSU grants are common compensation and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
Form 4
Osborne William H
Director
Transactions
- Award
Common Stock
[F1][F2][F3]2026-06-12+876→ 4,817 total
Footnotes (3)
- [F1]Restricted stock units granted under the 2016 Directors Stock Unit Plan (the "2016 Plan"), and as part of the Issuer's nonemployee Director Compensation Program. The units vest (contingent upon the Director's continued service as of such date) on the earlier of (i) the date of the next annual shareholders meeting following the grant; (ii) the death or total and permanent disability of the Director; or (iii) the date of any Change in Control (as defined in the 2016 Plan). Vested units will be acquirable by the Director, at the election of the Director: (i) at the vesting of the units on the date of the next annual shareholders meeting following the grant or (ii) at the time of the Director's termination of service.
- [F2]Represents an annual grant of restricted stock units as the equity portion of the Director's retainer for Board service under the Issuer's nonemployee Director Compensation Program. The grant date fair value of the units is calculated under the Financial Accounting Standards Board's Accounting Standards Codification Topic 718 using the closing stock price of the Issuer's common shares on June 12, 2026, which price was $154.21.
- [F3]Includes vested and unvested units as well as units not yet acquirable by the Director. Under the terms of the 2016 Plan, vested units under the 2016 Plan are not acquirable by the Director until, at the election of the Director: (i) the vesting of the units on the date of the next annual shareholders meeting following the grant or (ii) the time of the Director's termination of service.
Signature
/s/ Alan M. Kidd, Attorney-in-fact|2026-06-15