Interface (NASDAQ: TILE) VP receives stock grant and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERFACE INC vice president and secretary David B. Foshee reported an equity award and related tax-withholding dispositions of common stock. On February 26, 2026, he acquired 37,595 shares at $0.0000 per share as a grant or award, including performance shares that vested after meeting criteria. Around that time, he disposed of shares at prices near $31.79 and $31.64 per share to satisfy tax liabilities, and directly owned between about 205,773 and 243,368 shares after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Foshee David B
Role
Vice President/Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,099 | $31.64 | $256K |
| Tax Withholding | Common Stock | 2,996 | $31.79 | $95K |
| Grant/Award | Common Stock | 37,595 | $0.00 | -- |
| Tax Withholding | Common Stock | 15,862 | $31.79 | $504K |
Holdings After Transaction:
Common Stock — 219,407 shares (Direct)
Footnotes (1)
- Performance shares determined on the reported Transaction Date to have satisfied performance criteria and vested on the reported Transaction Date. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
What insider transactions did TILE executive David B. Foshee report?
David B. Foshee reported receiving a common stock award and related tax-withholding share dispositions. The transactions involved non-derivative Interface Inc common stock, reflecting both an equity grant and shares delivered to satisfy tax obligations tied to that grant and vesting performance shares.
Were David B. Foshee’s TILE transactions open-market buys or sells?
The filing shows one grant or award acquisition and three “F” code tax-withholding dispositions, not open-market buys or sells. The tax-withholding entries represent shares delivered to cover exercise price or tax obligations, while the acquisition reflects an equity award of Interface Inc common stock.