Interface Inc (TILE) corrects VP Blackorby’s reported share and RSU holdings
Rhea-AI Filing Summary
INTERFACE INC officer William Thomas Blackorby reported his initial Form 3/A ownership position. He directly holds 43,612 shares of common stock. A substantial number of these shares are unvested restricted stock units that are subject to a risk of forfeiture under certain circumstances. The amendment corrects the previously reported number of unvested units included in this holding amount.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blackorby William Thomas
Role
VP, Chief Supply Chain Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,612 shares (Direct)
Footnotes (1)
- F1. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Common shares held: 43,612 shares
Holding entries reported: 1
2 metrics
Common shares held
43,612 shares
Directly held by VP, Chief Supply Chain Officer after reported correction
Holding entries reported
1
Single holding line for common stock in the non-derivative table
Key Terms
unvested restricted stock units, risk of forfeiture, Form 3/A
3 terms
unvested restricted stock units financial
"A substantial number of such shares are unvested restricted stock units subject to a risk"
risk of forfeiture financial
"unvested restricted stock units subject to a risk of forfeiture under certain circumstances"
Form 3/A regulatory
"Amendment filed to reflect a correction in the number of unvested restricted stock units"
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does INTERFACE INC (TILE) disclose in William Thomas Blackorby’s Form 3/A amendment?
The amendment reports that William Thomas Blackorby directly holds 43,612 shares of INTERFACE INC common stock. It also clarifies that a substantial portion consists of unvested restricted stock units subject to forfeiture under certain conditions.
What correction is being made in this INTERFACE INC (TILE) Form 3/A filing?
The filing states that the amendment corrects a previous error in the number of unvested restricted stock units included in the reported holdings. It now clarifies that many of the 43,612 shares are unvested RSUs subject to forfeiture.
What role does William Thomas Blackorby hold at INTERFACE INC (TILE)?
William Thomas Blackorby is identified as an officer of INTERFACE INC, serving as VP, Chief Supply Chain Officer. The Form 3/A reports his direct ownership of 43,612 shares of common stock, including unvested RSUs.