Interface (TILE) CFO sells 50,000 company shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
INTERFACE INC VP & CFO Bruce Andrew Hausmann reported an open-market sale of 50,000 shares of Common Stock on May 27, 2026 at a weighted average price of $29.66 per share. After this transaction, he directly owns 119,256 shares, a substantial number of which are unvested restricted stock units subject to potential forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($1,483,000)
Net Sell
1 txn
Insider
Hausmann Bruce Andrew
Role
VP & CFO
Sold
50,000 shs ($1.48M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 50,000 | $29.66 | $1.48M |
Holdings After Transaction:
Common Stock — 119,256 shares (Direct, null)
Footnotes (1)
- Reflects a weighted average sale price of $29.66. The shares were sold in multiple transactions at prices ranging from $29.51 to $29.97 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. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Shares sold: 50,000 shares
Weighted average sale price: $29.66 per share
Post-transaction holdings: 119,256 shares
+1 more
4 metrics
Shares sold
50,000 shares
Open-market sale of Common Stock on May 27, 2026
Weighted average sale price
$29.66 per share
Average price across multiple trades in the May 27, 2026 sale
Post-transaction holdings
119,256 shares
Direct ownership after the May 27, 2026 sale
Trade price range
$29.51–$29.97 per share
Range of prices for individual sale trades on May 27, 2026
Key Terms
open-market sale, weighted average sale price, restricted stock units, risk of forfeiture
4 terms
open-market sale financial
"reported an open-market sale of 50,000 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"Reflects a weighted average sale price of $29.66."
restricted stock units financial
"A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
risk of forfeiture financial
"unvested restricted stock units subject to a risk of forfeiture under certain circumstances"
FAQ
What insider transaction did INTERFACE INC (TILE) report for Bruce Andrew Hausmann?
INTERFACE INC VP & CFO Bruce Andrew Hausmann sold 50,000 shares of Common Stock in an open-market transaction at a weighted average price of $29.66 per share on May 27, 2026, according to the Form 4 filing.
What type of transaction was reported in the TILE Form 4 filing?
The Form 4 shows an open-market sale of INTERFACE INC Common Stock, coded as “S” for a sale in open market or private transaction. The transaction involved 50,000 shares at a weighted average price of $29.66 per share.