TEMPLIN ROY W 4

What Happened
Roy W. Templin, a director of Armstrong World Industries (AWI), was granted 1,265 restricted stock units (RSUs) on June 12, 2026. The units were granted at $0.00 acquisition price (standard for RSU awards); the grant-date fair value using AWI’s closing share price of $154.21 is approximately $195,076. This is an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-06-12 (reported on Form 4 filed 2026-06-15). Filing appears timely.
• Transaction type: Award/Grant (code A). Acquisition price listed as $0.00; grant-date fair value ≈ $154.21 × 1,265 = $195,075.65.
• Shares owned after transaction: Not specified in the provided filing details.
• Vesting and post-grant terms: RSUs granted under the 2016 Directors Stock Unit Plan; vest (subject to continued service) on the earlier of (i) next annual shareholders meeting after grant, (ii) director’s death or total permanent disability, or (iii) a Change in Control. Vested units are not automatically acquirable until the director elects to acquire them at vesting or upon termination of service. (See filing footnotes F1, F2, F3.)
• No 10b5-1 plan, tax-withholding sale, or immediate cashless sale noted — this is a standard director retainer equity grant.

Context: This is routine director compensation (annual RSU retainer) rather than a purchase or sale indicating a trading decision. RSU awards increase a director’s potential future ownership if and when they vest and are acquired; they do not represent immediately tradable shares unless and until the director elects to acquire vested units.