Interface Inc (TILE) CAO gets stock grant and withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc Chief Accounting Officer Robert Pridgen reported several stock transactions in company common shares. On February 26, 2026, he received a grant of 10,969 shares at $0.00 per share, described as a grant or award. On the same date, there were two tax-withholding dispositions of 924 and 4,886 shares at $31.79 per share to cover tax obligations. Footnotes state that performance shares were determined to have met performance criteria and vested on that date and that a substantial number of the reported shares are unvested restricted stock units subject to possible forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Pridgen Robert
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 924 | $31.79 | $29K |
| Grant/Award | Common Stock | 10,969 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,886 | $31.79 | $155K |
Holdings After Transaction:
Common Stock — 24,364 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 Interface Inc (TILE) report for Robert Pridgen?
Interface Inc reported that Chief Accounting Officer Robert Pridgen received a grant of 10,969 common shares and had two tax-withholding dispositions totaling 5,810 shares on February 26, 2026. All transactions involved Interface Inc common stock at reported prices.
What do the footnotes in the Interface Inc (TILE) Form 4 explain?
Footnotes explain that certain performance shares were determined on February 26, 2026 to have met performance criteria and vested that day. They also note that many of the reported shares are unvested restricted stock units that remain subject to forfeiture under specified conditions.
What transaction codes were used in Robert Pridgen’s Interface Inc (TILE) Form 4?
The Form 4 uses code A for the 10,969-share grant, described as a grant, award, or other acquisition. It uses code F for the 924-share and 4,886-share tax-withholding dispositions, described as payments of tax liability by delivering previously acquired securities.