Insider at Interface Inc (TILE) sells 17,650 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc Vice President James Poppens reported open-market sales of company common stock over three consecutive days. On March 3, 2026, he sold 10,000 shares at a weighted average price of $29.42 per share. On March 4, 2026, he sold 2,650 shares at a weighted average price of $29.11 per share. On March 5, 2026, he sold 5,000 shares at a weighted average price of $28.11 per share. After these sales, he held 111,846 shares of Interface common stock, and a substantial number of these are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,650 shares ($511,892)
Net Sell
3 txns
Insider
Poppens James
Role
Vice President
Sold
17,650 shs ($512K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $28.11 | $141K |
| Sale | Common Stock | 2,650 | $29.11 | $77K |
| Sale | Common Stock | 10,000 | $29.42 | $294K |
Holdings After Transaction:
Common Stock — 111,846 shares (Direct)
Footnotes (1)
- Reflects a weighted average sale price of $29.42. The shares were sold in multiple transactions at prices ranging from $29.23 to $29.54 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. Reflects a weighted average sale price of $29.11. The shares were sold in multiple transactions at prices ranging from $29.10 to $29.13 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. Reflects a weighted average sale price of $28.11. The shares were sold in multiple transactions at prices ranging from $28.06 to $28.16 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. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
What insider activity did Interface Inc (TILE) report for James Poppens?
Interface Inc reported that Vice President James Poppens sold a total of 17,650 shares of common stock in open-market transactions over three days in March 2026, as disclosed in the Form 4, with detailed prices and remaining holdings reported.
What does the Form 4 say about unvested restricted stock units for Interface Inc (TILE)?
The Form 4 explains that a substantial number of the shares reported as held by James Poppens represent unvested restricted stock units. These units are subject to a risk of forfeiture under certain circumstances, meaning they may not ultimately vest if those conditions are not met.
Were the Interface Inc (TILE) insider sales by James Poppens single trades or multiple transactions?
Each day’s sale was executed through multiple transactions. The filing reports weighted average sale prices for the shares and states that the shares were sold in multiple transactions within specified price ranges, with full trade details available upon request.