STOCK TITAN

TILE officer reduces holding to 23,795 after $25.10 sale

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

On 08/11/2025 Robert Pridgen, identified as Chief Accounting Officer of Interface Inc (TILE), reported a sale of 4,000 shares of common stock at a price of $25.10 per share. After the transaction he beneficially owned 23,795 shares.

The filing clarifies that a substantial portion of the reported holdings are unvested performance shares and restricted stock units that remain subject to forfeiture under certain conditions. No derivative transactions are reported on this statement.

Positive

  • Reporting person retains ownership of 23,795 shares after the sale, indicating continued direct exposure to company equity

Negative

  • Sale of 4,000 shares at $25.10 reduced the insider's stake
  • Substantial portion of holdings are unvested PSUs/RSUs, which may be forfeitable and are not fully vested economic interest

Insights

Insider sale reduced direct holdings but remaining stake remains material; transaction appears routine.

The officer executed a recorded sale of 4,000 common shares at $25.10, lowering direct beneficial ownership to 23,795 shares. The notice that many shares are unvested PSUs and RSUs is important because those shares may be forfeitable and therefore not fully liquid or economic for the reporting person. No options or other derivative instruments are disclosed, limiting complexity.

Disclosure is clear on nature of holdings; sale itself is a standard Section 16 transaction with governance transparency.

The Form 4 discloses an open-market or other sale of 4,000 shares at $25.10, with post-transaction beneficial ownership at 23,795 shares. The footnote that many shares are unvested PSUs/RSUs highlights retention conditions that governance reviewers will consider when assessing insider alignment, but the filing contains no additional governance red flags such as derivatives or pledges.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pridgen Robert

(Last) (First) (Middle)
1280 WEST PEACHTREE STREET NW

(Street)
ATLANTA GA 30309

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERFACE INC [ TILE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/11/2025 S 4,000 D $25.1 23,795(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. A substantial number of such shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.
Remarks:
/s/ David B. Foshee, Attorney in Fact 08/11/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Robert Pridgen report for Interface Inc (TILE)?

He reported a sale of 4,000 shares of common stock at $25.10 per share on 08/11/2025.

How many TILE shares does the reporting person own after the transaction?

The filing shows beneficial ownership of 23,795 shares following the reported transaction.

What is Robert Pridgen's role at Interface Inc?

The form lists him as an officer with the title Chief Accounting Officer.

Are any derivative securities reported on this Form 4 for TILE?

No derivative securities are listed in Table II; the filing only reports a non-derivative sale of common stock.

Does the filing indicate any restrictions on the reported shares?

Yes, the filing states a substantial number of the reported shares are unvested performance shares and restricted stock units subject to forfeiture.
Interface Inc

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