secwatch.observer — SEC 8-K summary
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Issuer:     ARMSTRONG WORLD INDUSTRIES INC (AWI)
CIK:        0000007431
Form:       8-K
Filed at:   2023-05-02T23:59:59+00:00
Accession:  0001193125-23-131234
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Armstrong World Industries grants CEO Victor Grizzle $5M retention RSU award
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- CEO Victor Grizzle receives 72,823 time-based RSUs with $5M grant date fair value.
- RSUs vest in full on April 28, 2026, subject to continued CEO service.
- Accelerated vesting on involuntary termination (including Good Reason); pro-rata on death or long-term disability.
- Award is a special one-time retention grant, not part of regular annual compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/7431/000119312523131234/0001193125-23-131234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/7431/000119312523131234/d484292d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-131234

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer