Interface director sells 8,000 shares at $37
INTERFACE INC (TILE) director Daniel T. Hendrix reported selling 8,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $37.13 per share, under a Rule 10b5-1 trading plan adopted on June 3, 2026.
Rhea-AI Filing Summary
INTERFACE INC (TILE) director Daniel T. Hendrix reported selling 8,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $37.13 per share, under a Rule 10b5-1 trading plan adopted on June 3, 2026. Following the sale, he directly holds 88,147 shares and indirectly holds 35,072 shares by trust.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 8,000 shares
Net Sell
2 txns
Insider
HENDRIX DANIEL T
Role
Director
Sold
8,000 shs ($297K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 8,000 | $37.13 | $297K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 88,147 shares (Direct);
Common Stock — 35,072 shares (Indirect, By trust)
Footnotes (2)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 3, 2026.
- F2. Reflects a weighted average sale price of $37.13. The shares were sold in multiple transactions at prices ranging from $36.91 to $37.45 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Key Figures
Shares sold: 8,000 shares
Weighted average sale price: $37.13 per share
Sale price range: $36.91–$37.45 per share
+3 more
6 metrics
Shares sold
8,000 shares
Common stock sale by director on September 2, 2026
Weighted average sale price
$37.13 per share
Sale of 8,000 shares on September 2, 2026
Sale price range
$36.91–$37.45 per share
Individual trade prices within the reported sale
Direct holdings after transaction
88,147 shares
Common stock directly held by Daniel T. Hendrix after the sale
Indirect holdings after transaction
35,072 shares
Common stock indirectly held by trust after the sale
Rule 10b5-1 plan adoption date
June 3, 2026
Plan under which the September 2, 2026 sale was effected
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, indirect
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Reflects a weighted average sale price of $37.13"
indirect financial
"Indirect ownership of 35,072 shares, nature of ownership By trust"
FAQ
What insider transaction did TILE director Daniel T. Hendrix report?
Daniel T. Hendrix reported a sale of 8,000 shares of Interface Inc. common stock on September 2, 2026 in an open-market transaction at a weighted average price of $37.13 per share.
Was the September 2, 2026 TILE stock sale under a Rule 10b5-1 plan?
Yes. The filing states the September 2, 2026 sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Daniel T. Hendrix on June 3, 2026.
What type of security did the TILE Form 4 transaction involve?
The Form 4 transaction involved Interface Inc. common stock. Daniel T. Hendrix sold 8,000 shares of this security on September 2, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.