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Interface (NASDAQ: TILE) insider Laurel Hurd to sell 7,000 shares

(Neutral)
(Neutral)
Form Type
144

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.

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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
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

What does the Form 144 filing for TILE disclose about planned share sales?

The Form 144 filing for TILE discloses a proposed Rule 144 sale by Laurel M. Hurd of 7,000 shares of Interface Inc 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.

How many INTERFACE INC (TILE) shares are covered by this Form 144 notice?

The notice covers 7,000 shares of INTERFACE INC (TILE) common stock. These shares are identified in the filing under the securities information and securities to be sold sections as the amount proposed for sale pursuant to Rule 144.

When were the TILE shares in this Form 144 acquired and how?

The 7,000 shares of TILE common stock were acquired on April 18, 2023 through Restricted Stock Vesting from the issuer as part of compensation, according to the securities-to-be-sold section of the filing.

What is the aggregate market value of the TILE shares in this Form 144 filing?

The filing lists an aggregate market value of $273,630.00 for the 7,000 shares of INTERFACE INC (TILE) common stock covered by the proposed Rule 144 sale.

Who is the person for whose account the TILE shares are to be sold under this Form 144?

The person for whose account the INTERFACE INC (TILE) shares are to be sold is Laurel M. Hurd. Fidelity Brokerage Services LLC is identified as the broker, and the notice is signed by a representative acting as attorney-in-fact for Laurel M. Hurd.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature