Cicali Jessica Marie 4
4 · ARMSTRONG WORLD INDUSTRIES INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
AWI SVP Jessica Cicali Receives 2,927 RSU Award
What Happened
Jessica Marie Cicali, SVP, General Counsel & Chief Compliance Officer and Secretary of Armstrong World Industries (AWI), was granted a total of 2,927 restricted stock units (RSUs) on April 1, 2026 (transaction code A). The grant consisted of 1,811 RSUs and 1,116 RSUs. The reported price per derivative security is $0, consistent with RSU awards (these are contingent rights to receive shares, not purchases or cash proceeds).
Key Details
- Transaction date: April 1, 2026; Form 4 filed April 2, 2026 (appears timely).
- Grant details and vesting:
- 1,811 RSUs: vest in three installments — 603 RSUs on 4/1/2027, 604 RSUs on 4/1/2028, and 604 RSUs on 4/1/2029 (contingent on continued employment).
- 1,116 RSUs: cliff vest in full on 4/1/2029 (contingent on continued employment).
- Price/value reported: $0 per derivative security (standard reporting notation for RSUs); no immediate cash value realized until RSUs vest and convert to shares.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Notable footnotes: F1–F4 confirm these are RSUs under the Issuer’s 2022 Equity and Cash Incentive Plan and describe vesting conditions.
Context
RSU grants are a common form of executive compensation intended to retain employees; they do not represent an immediate market purchase or sale. Because these awards vest over multiple years and are contingent on continued employment, they are typically seen as retention-focused rather than a direct signal of short-term insider buying or selling.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F3][F2]2026-04-01+1,811→ 1,811 total→ Common Stock (1,811 underlying) - Award
Restricted Stock Units
[F1][F3][F4]2026-04-01+1,116→ 1,116 total→ Common Stock (1,116 underlying)
Footnotes (4)
- [F1]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.
- [F2]On April 1, 2026, the Reporting Person was granted 1,811 restricted stock units, which vest as follows: (1) 603 on the first anniversary of the grant, (2) 604 on the second anniversary of the grant and (3) 604 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).
- [F3]Price of Derivative Security is $0.
- [F4]The restricted stock units were granted to the Reporting Person on April 1, 2026 and will vest in full on April 1, 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).