Osborne William H 4

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.