Interface CFO gets 55,198-share award, withholds for taxes
Interface Inc. VP & CFO Bruce Andrew Hausmann reported share-based compensation activity involving common stock.
Rhea-AI Filing Summary
Interface Inc. VP & CFO Bruce Andrew Hausmann reported share-based compensation activity involving common stock. On February 26, 2026, he received a grant or award of 55,198 common shares at a price of $0.00 per share, tied to performance shares that satisfied vesting criteria. On February 26 and 27, he also disposed of 10,462 shares at $31.64, and 4,645 and 24,586 shares at $31.79 per share, all coded as tax-withholding dispositions to cover exercise price or tax liabilities rather than open-market sales. A substantial portion of his holdings consists of unvested restricted stock units that remain subject to potential forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,462 | $31.64 | $331K |
| Exercise Price or Tax Liability | Common Stock | 4,645 | $31.79 | $148K |
| Grant/Award | Common Stock | 55,198 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 24,586 | $31.79 | $782K |
Footnotes (2)
- F1. Performance shares determined on the reported Transaction Date to have satisfied performance criteria and vested on the reported Transaction Date.
- F2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
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What insider transactions did Interface Inc. (TILE) CFO report?
Was the Interface Inc. (TILE) CFO’s Form 4 a stock sale in the market?
Do unvested restricted stock units remain in the Interface Inc. (TILE) CFO’s holdings?
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