Interface Inc. (TILE) director Joseph Keough reports bona fide gift of 8,442 shares
Rhea-AI Filing Summary
Interface Inc. director Joseph Keough reported a bona fide gift of 8,442 shares of Interface Inc. common stock on August 13, 2026. The shares were transferred at a reported price of $0.00 per share, and Keough’s directly held stake after the gift is 52,684 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,442 shares
Net Sell
1 txn
Insider
Keough Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 8,442 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 52,684 shares (Direct)
Key Figures
Shares gifted: 8,442 shares of Common Stock
Transaction price per share: $0.00
Shares held after transaction: 52,684 shares
3 metrics
Shares gifted
8,442 shares of Common Stock
Bona fide gift on August 13, 2026
Transaction price per share
$0.00
Reported for the bona fide gift transaction
Shares held after transaction
52,684 shares
Direct ownership by Joseph Keough following the gift
Key Terms
Bona fide gift, Form 4, Common Stock
3 terms
Bona fide gift financial
"The transaction code G is described as a Bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Form 4 regulatory
"Insider transactions are reported on SEC Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Common Stock financial
"The reported security title is Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Interface Inc. (TILE) report for Joseph Keough?
Interface Inc. director Joseph Keough reported a bona fide gift of 8,442 shares of common stock on August 13, 2026, with no cash consideration reported for the transfer.
What is Joseph Keough’s Interface Inc. (TILE) ownership after the reported gift?
Following the gift transaction, Joseph Keough directly holds 52,684 shares of Interface Inc. common stock, as reported in the Form 4 filing dated August 13, 2026.
Was the Interface Inc. (TILE) insider transaction a market sale or a gift?
The transaction was reported as a bona fide gift, not a market sale. The filing lists a transaction code G and a per-share price of $0.00, indicating a non-cash transfer.
Did Interface Inc. (TILE) indicate a Rule 10b5-1 trading plan for this Keough transaction?
The Form 4 indicates the Rule 10b5-1 plan checkbox as false, meaning this bona fide gift by Joseph Keough was not reported as executed under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
