AWI (NYSE: AWI) CFO logs RSU vesting and 1,077-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Armstrong World Industries SVP & CFO Christopher P. Calzaretta reported equity award activity involving restricted stock units and common shares. On February 27, 2026, 2,408 restricted stock units converted into 2,408 shares of common stock on a one-for-one basis at a stated price of $173.50 per share.
These units were originally granted on March 1, 2023 and vested on the third anniversary under the company’s 2022 Equity and Cash Incentive Plan. To cover related tax obligations from this vesting, 1,077 common shares were withheld, leaving Calzaretta with 6,022 common shares held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,408 shares exercised/converted
Mixed
3 txns
Insider
Calzaretta Christopher P.
Role
SVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,408 | $0.00 | -- |
| Exercise | Common Stock | 2,408 | $173.50 | $418K |
| Tax Withholding | Common Stock | 1,077 | $173.50 | $187K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 7,099 shares (Direct)
Footnotes (1)
- Restricted Stock Units convert into common stock on a one-for-one basis. Represents the number of shares withheld by the Issuer to satisfy the Reporting Person's tax obligations incurred upon the vesting of certain restricted stock units granted to the Reporting Person under the 2022 Equity and Cash Incentive Plan. On March 1, 2023, the Reporting Person was granted 2,408 Restricted Stock Units, which vest on the third anniversary of the grant (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). Price of Derivative Security is $0.
FAQ
What insider transactions did AWI CFO Christopher Calzaretta report on this Form 4?
Christopher Calzaretta reported vesting of 2,408 restricted stock units that converted into 2,408 Armstrong World Industries common shares. He also reported 1,077 shares withheld by the company to satisfy tax obligations tied to this vesting event under the 2022 equity plan.
How many Armstrong World Industries (AWI) RSUs vested for the CFO?
A total of 2,408 restricted stock units vested for the CFO, converting into 2,408 common shares on a one-for-one basis. These RSUs were granted on March 1, 2023 and vested on the third anniversary under Armstrong’s 2022 Equity and Cash Incentive Plan.
What AWI equity plan governs the CFO’s restricted stock units in this filing?
The restricted stock units are granted under Armstrong World Industries’ 2022 Equity and Cash Incentive Plan. The filing notes that the 2,408 RSUs granted on March 1, 2023 vest on the third anniversary, contingent on continued employment, subject to provisions of this plan.