Interface (NASDAQ: TILE) insider Laurel Hurd to sell 7,000 shares
Rhea-AI Filing Summary
INTERFACE INC (TILE) has a notice of proposed sale of securities filed on behalf of Laurel M. Hurd under Rule 144. The filing covers the potential sale of 7,000 shares of common stock through Fidelity Brokerage Services LLC, with an aggregate market value listed as $273,630.00 and a proposed sale date of August 24, 2026.
The 7,000 shares were acquired from the issuer on April 18, 2023 as restricted stock vesting in connection with compensation. The notice is signed by Jennifer Ruchti as a duly authorized representative of Fidelity Brokerage Services LLC, acting as attorney-in-fact for Laurel M. Hurd.
Positive
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Negative
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Key Figures
Shares proposed to be sold: 7,000 shares
Aggregate market value: $273,630.00
Proposed sale date: 08/24/2026
+2 more
5 metrics
Shares proposed to be sold
7,000 shares
Common stock of INTERFACE INC to be sold under Rule 144
Aggregate market value
$273,630.00
Market value for the 7,000 shares listed in the proposed sale
Proposed sale date
08/24/2026
Date associated with the proposed Rule 144 sale
Acquisition date of shares
04/18/2023
Date the 7,000 shares vested as restricted stock compensation
Issuer phone number
7704376800
Contact phone number listed for INTERFACE INC
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact, compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 04/18/2023 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
compensation financial
"7000 | 04/18/2023 | Compensation"
FAQ
On which market is the TILE stock in this Form 144 filing listed?
The common stock referenced in the Form 144 filing for INTERFACE INC (TILE) is identified as being traded on the NASDAQ market.
AI-generated analysis. How Rhea-AI works. Not financial advice.