Interface officer plans $1.03M stock sale
Rhea-AI Filing Summary
INTERFACE INC (TILE) discloses that officer David B. Foshee has filed a notice of proposed sale under Rule 144 for up to 28,451 shares of the company’s common stock, acquired via RSU and other awards between January 12, 2025 and February 26, 2025, with sales expected around September 8, 2026.
The shares are to be sold through The Charles Schwab Corporation, with an indicated aggregate market value of $1,033,340. Interface Inc reports 57,800,460 shares outstanding, which serves as a baseline figure and not the amount being sold.
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Key Figures
Shares to be sold: 28,451 shares
Aggregate market value: $1,033,340
Shares outstanding: 57,800,460 shares
+2 more
5 metrics
Shares to be sold
28,451 shares
Maximum number of Interface Inc common shares covered by the Rule 144 notice
Aggregate market value
$1,033,340
Value of the 28,451 shares proposed to be sold
Shares outstanding
57,800,460 shares
Interface Inc common shares outstanding, as context for the proposed sale
Approximate sale date
September 8, 2026
Approximate date for the proposed Rule 144 sale
Shares acquired via awards
28,451 shares
Amount of securities acquired through RSU and awards between January 12, 2025 and February 26, 2025
Key Terms
Rule 144, aggregate market value, restricted securities, TEN/COM
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.
aggregate market value financial
"28451 | 1033340.00 | 57800460 | 09/08/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
restricted securities regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
TEN/COM financial
"FULL ACCOUNT: LISA S. FOSHEE & DAVID B FOSHEE TEN/COM"
FAQ
What does the Form 144 filing mean for INTERFACE INC (TILE)?
The filing indicates that officer David B. Foshee has given notice of a proposed sale under Rule 144 of up to 28,451 shares of Interface Inc common stock, acquired through RSU and other awards, with potential sales around September 8, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.