STOCK TITAN

Interface (TILE) CEO granted 173K shares, withholds stock for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Interface Inc. President and CEO Laurel Hurd reported multiple stock transactions in company common shares. She received a grant of 173,046 shares at no cost, including performance shares that vested on the transaction date and awards that remain subject to vesting conditions and potential forfeiture.

To cover tax obligations, she disposed of 15,368 shares and 77,075 shares through tax-withholding transactions at 31.79 per share. After these moves, her directly held common stock positions reported in the filing increased overall.

Positive

  • None.

Negative

  • None.
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*
Hurd Laurel

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 F 15,368 D $31.79 418,007 D
Common Stock 02/26/2026 A 173,046(1) A $0.00 591,053 D
Common Stock 02/26/2026 F 77,075 D $31.79 513,978(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. Performance shares determined on the reported Transaction Date to have satisfied performance criteria and vested on the reported Transaction Date.
2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Remarks:
/s/ David B. Foshee, Attorney in Fact 03/02/2026
** 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 insider transactions did Interface Inc. (TILE) report for Laurel Hurd?

Interface Inc. reported that President and CEO Laurel Hurd received a grant of 173,046 common shares and disposed of 15,368 and 77,075 shares for tax withholding. These moves reflect equity compensation vesting and related tax payments, not open-market buying or selling activity.

How many Interface Inc. (TILE) shares were granted to CEO Laurel Hurd?

Laurel Hurd was granted 173,046 Interface Inc. common shares at no cost. Footnotes indicate these include performance shares that satisfied criteria and vested on the transaction date, as well as unvested restricted stock units that remain subject to forfeiture under certain conditions.

Why did Interface Inc. (TILE) CEO dispose of shares in this Form 4?

The filing shows two disposals of 15,368 and 77,075 Interface common shares coded “F,” meaning shares were withheld to pay tax liabilities. This is a tax-withholding disposition connected to equity awards, rather than an open-market sale initiated for portfolio or valuation reasons.

What price per share was used for Laurel Hurd’s tax-withholding dispositions at Interface (TILE)?

Both tax-withholding dispositions were reported at 31.79 per Interface common share. This per-share value is used to calculate the value of shares withheld to satisfy tax obligations arising from the vesting or settlement of equity awards granted to the CEO.

Did Laurel Hurd’s overall Interface Inc. (TILE) share holdings change after these transactions?

Yes. After the first tax-withholding disposition, her reported direct holdings were 418,007 shares, then 591,053 shares after the grant, and 513,978 shares after the second tax-withholding. Despite the withholdings, the grant left her with more directly held shares than before.

What do the footnotes in the Interface Inc. (TILE) Form 4 reveal about the CEO’s equity awards?

Footnotes explain that some shares are performance-based awards that vested after meeting performance criteria, while a substantial number are unvested restricted stock units. These unvested units are still subject to a risk of forfeiture if certain conditions are not met in the future.
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