4/A: Armstrong World Industries Executive So Austin Corrects Stock Ownership Reporting
SEC Form 4/A (Amendment)
So Austin, SVP Gen Cnsl, Compliance at Armstrong World Industries, files an amended Form 4/A to correct the reported amount of common stock beneficially owned following a transaction on February 1, 2024.
Summary
- This is an amended Form 4/A filing by So Austin, SVP Gen Cnsl, Compliance at Armstrong World Industries Inc.
- The amendment corrects the amount of common stock beneficially owned following a transaction on February 1, 2024.
- On February 1, 2024, 1,268 shares of common stock were acquired through the conversion of restricted stock units.
- Additionally, 429 shares were disposed of to cover tax obligations at a price of $102.25 per share.
- The corrected filing shows that after these transactions, So Austin beneficially owns 1,643 shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/01/2022 | Reporting Person was granted 3,805 restricted stock units, which vest as follows: (1) 1,268 on the first anniversary of the grant, (2) 1,268 on the second anniversary of the grant and (3) 1,269 on the third anniversary of the grant |
| 02/01/2024 | Transaction date: 1,268 shares acquired via conversion of restricted stock units and 429 shares disposed of for tax obligations. |
| 02/02/2024 | Date of original filing that this amendment corrects. |
| 02/03/2025 | Date of signature on the amended form. |
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