TILE insider Nigel Stansfield offloads ~$2M in stock, retains 65k shares

Rhea-AI Filing Summary

Interface Inc. (TILE) — Form 4 Insider Transaction

Vice President Nigel Stansfield disclosed the sale of 79,497 common shares on 08/06/2025 at a weighted-average price of $25.60 (price band $25.52-$25.70). Post-sale, his direct ownership stands at 65,125 shares; a large portion comprises unvested performance shares and RSUs that could be forfeited under certain conditions.

The transaction removed roughly half of the executive’s directly held stock, with no derivative positions reported and no 10b5-1 trading-plan box marked. Large open-market disposals by senior officers are often interpreted as a bearish sentiment signal, though continuing equity exposure maintains some alignment with shareholders.

Positive

• None.

Negative

• Vice President sold 79,497 shares (~$2 M) at $25.60, reducing direct stake to 65,125—roughly a 55 % decrease.
• Sale was discretionary; 10b5-1 trading-plan box not marked, increasing negative sentiment risk.

Insights

Securities Analyst

TL;DR: Significant VP sale (~$2.0 M) trims stake by ~55 %; modestly bearish signal for TILE.

The $25.60 weighted-average price implies proceeds of roughly $2.0 million. With the direct stake now 65 k shares, the VP cut his exposure materially, suggesting limited short-term conviction or liquidity needs. While insider sales are not definitive forecasts, the magnitude exceeds routine option-exercise disposals and occurred outside a disclosed 10b5-1 plan, making it incrementally negative for sentiment. Fundamental outlook unchanged; watch for additional management trading patterns.

Corporate Governance Expert

TL;DR: Material insider sale without 10b5-1 flag heightens perception risk; governance impact low but negative optics.

Executives are encouraged to use pre-arranged 10b5-1 plans to mitigate perception of trading on non-public information. This filing contains a checkbox for such a plan yet shows no selection, indicating discretionary timing. Although legal, a discretionary sale of this size (about half of holdings) can raise questions on information asymmetry and board oversight. No compliance breaches noted; nevertheless, investors may demand clarity on trading rationales to preserve governance credibility.

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^*

Nigel Stansfield

(Last) (First) (Middle)

1280 WEST PEACHTREE ST 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)
	Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

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	08/06/2025		S		79,497	D	$25.6(1)	65,125(2)	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. Reflects a weighted average sale price of $25.60. The shares were sold in multiple transactions at prices ranging from $25.52 to $25.70 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.

2. 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	08/08/2025
	** 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

How many Interface (TILE) shares did Nigel Stansfield sell?

He sold 79,497 common shares on 08/06/2025.

What price did the Interface insider receive for the shares?

The weighted-average sale price was $25.60, with individual trades from $25.52 to $25.70.

How many Interface shares does the executive still own?

After the sale, Stansfield directly owns 65,125 shares, including unvested performance shares and RSUs.

Was the sale under a Rule 10b5-1 trading plan?

The filing provides a 10b5-1 checkbox but it was not indicated as selected, implying a discretionary sale.

Why is Form 4 important to investors?

Form 4 reports insider trades within two business days, offering real-time insight into executives’ sentiment and alignment.