[Form 4] FormFactor Inc. Insider Trading Activity

Rhea-AI Filing Summary

Interface Inc. (TILE) – Form 144 filing

An affiliate intends to sell up to 79,497 common shares through Morgan Stanley Smith Barney on or after 6 Aug 2025. At the stated reference price, the shares are worth about $2.04 million, representing only 0.14 % of the 58.36 million shares outstanding.

The stock was obtained via multiple restricted-stock vestings between January 2024 and February 2025 under the company’s equity compensation plan. The filer reports no sales during the prior three months and certifies awareness of no undisclosed adverse information.

Given the small size and scheduled nature, the notice appears routine, but investors may view continued insider monetization as a modest sentiment headwind.

Positive

• Sale equals only 0.14 % of shares outstanding, limiting market impact and dilution.
• No shares sold in the prior three months, indicating limited recent insider selling activity.

Negative

• Insider plans to liquidate $2.04 million in stock, potentially viewed as reduced confidence.
• Filing authorizes sales within the next 90 days, adding minor selling pressure risk.

Insights

Securities Analyst

TL;DR: Tiny insider sale (~0.14 % float) is routine and should not move TILE’s valuation.

The proposed $2 million sale is immaterial relative to daily trading volume and market cap. Shares stem from normal equity compensation vestings, with no prior 3-month disposals. Liquidity impact and dilution are negligible; therefore, I view the filing as neutral for the stock.

Corporate Governance Expert

TL;DR: Rule 144 filing signals scheduled stock cash-out; governance risk low but insider sentiment bears monitoring.

Disposals via a broker suggest compliance with Rule 144 and possible 10b5-1 planning, reducing information-abuse concerns. Nonetheless, recurring insider sales can weigh on perception if cumulative volumes rise. Current transaction size is minor, keeping governance implications neutral.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shahar Shai

(Last) (First) (Middle)

7005 SOUTHFRONT ROAD

(Street)

LIVERMORE CA 94551

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FORMFACTOR INC [ FORM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO, SVP Global Finance

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/05/2025		M		1,116	A	(1)	55,275	D
Common Stock	08/05/2025		F		620(2)	D	$29.14	54,655	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(1)	08/05/2025		M			1,116	(3)	(4)	Common Stock	1,116	$0	8,928	D

Explanation of Responses:

1. These shares of common stock reflect the settlement of restricted stock units of the Issuer. Each Restricted Stock Unit (RSU) is convertible into a share of common stock on a 1-for-1 basis.

2. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.

3. The Restricted Stock Units granted on August 5, 2024 vest in twelve (12) quarterly installments beginning on November 5, 2024 and ending on August 5, 2027 and will be settled into shares of common stocks on or following the vesting dates.

4. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.

Remarks:

	/s/: Stan Finkelstein, Attorney-in-fact for Shai Shahar	08/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Interface (TILE) shares are covered by this Form 144?

The notice covers 79,497 common shares.

What is the estimated market value of the proposed TILE share sale?

The filing lists an aggregate value of about $2.04 million.

When can the TILE shares be sold under this Form 144?

Sales may begin on or after 6 August 2025, subject to Rule 144 requirements.

What percentage of Interface’s shares outstanding does the sale represent?

Approximately 0.14 % of the 58.36 million shares outstanding.

Have there been any sales by this insider in the past three months?

No; the filing states "Nothing to Report" for prior 3-month sales.