Interface VP sells 8,000 shares in open market
Interface Inc. vice president James Poppens reported an open-market sale of 8,000 shares of Interface common stock.
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Rhea-AI Filing Summary
Interface Inc. vice president James Poppens reported an open-market sale of 8,000 shares of Interface common stock. The sale took place on March 6, 2026 at a weighted average price of $28.05 per share, with individual trade prices ranging from $28.00 to $28.18.
After this transaction, Poppens directly holds 103,846 shares of Interface common stock. A substantial number of these shares are unvested restricted stock units that remain subject to forfeiture under certain conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,000 | $28.05 | $224K |
Footnotes (2)
- F1. Reflects a weighted average sale price of $28.05. The shares were sold in multiple transactions at prices ranging from $28.00 to $28.18 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.
- F2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
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What insider transaction did James Poppens report at Interface (TILE)?
What does the weighted average sale price mean in the Poppens Interface (TILE) filing?
What are the unvested restricted stock units mentioned in James Poppens’ Interface (TILE) holdings?
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