Interface CAO disposes shares for tax withholding
Interface Inc.'s Chief Accounting Officer Robert Pridgen reported a tax-related share disposition.
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Rhea-AI Filing Summary
Interface Inc.'s Chief Accounting Officer Robert Pridgen reported a tax-related share disposition. On this Form 4, he disposed of 716 shares of Interface common stock at $31.50 per share in a transaction coded as payment of tax liability by delivering securities. After this transaction, he directly owned 25,288 shares, a substantial number of which are unvested performance shares and restricted stock units that remain subject to forfeiture under certain conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 716 | $31.50 | $23K |
Footnotes (1)
- F1. A substantial number of such shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
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What insider transaction did Interface (TILE) disclose for Robert Pridgen?
Does the Interface (TILE) Form 4 indicate an open-market sale by Robert Pridgen?
AI-generated analysis. How Rhea-AI works. Not financial advice.