Interface CEO logs tax-withholding share disposition
Interface Inc. President & CEO Laurel Hurd reported a tax-related share disposition.
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Rhea-AI Filing Summary
Interface Inc. President & CEO Laurel Hurd reported a tax-related share disposition. On this Form 4, she transferred 9,753 shares of common stock at $31.50 per share to cover tax withholding obligations, a non-open-market transaction classified as a tax-withholding disposition.
After this transaction, she directly holds 433,375 shares of Interface common stock. A substantial number of these remaining shares are unvested performance shares and restricted stock units that may be forfeited under certain conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,753 | $31.50 | $307K |
Footnotes (1)
- F1. A substantial number of such shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
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What insider transaction did Interface (TILE) report for CEO Laurel Hurd?
Was Laurel Hurd’s Interface (TILE) Form 4 transaction a stock sale?
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