Interface Inc. (TILE) VP & CFO receives 17,044-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc. VP & CFO Bruce Andrew Hausmann reported an award of 17,044 shares of common stock on January 27, 2026, coded as an acquisition at $0.00 per share. These are restricted stock units granted under the company’s stock incentive plan.
The restricted stock units vest in three equal installments on the first three anniversaries of the grant date. After this grant, Hausmann beneficially owns 156,435 shares of Interface Inc. common stock, including a substantial number of unvested performance shares and restricted stock units that remain subject to forfeiture under certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hausmann Bruce Andrew
Role
VP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,044 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 156,435 shares (Direct)
Footnotes (1)
- Restricted stock units granted under the Company's stock incentive plan, vesting ratably on the first three anniversaries of the grant date. A substantial number of such shares are unvested performance shares and 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. reported that VP & CFO Bruce Andrew Hausmann received 17,044 shares of common stock on January 27, 2026. The transaction was an award of restricted stock units at $0.00 per share under the company’s stock incentive plan, increasing his beneficial holdings.
What type of equity award did Interface Inc. (TILE) grant to its VP & CFO?
The company granted restricted stock units covering 17,044 shares of common stock to VP & CFO Bruce Andrew Hausmann. These units were issued under Interface Inc.’s stock incentive plan and represent compensation in equity rather than a cash purchase of shares on the market.
How do the Interface Inc. (TILE) restricted stock units vest for Bruce Andrew Hausmann?
The restricted stock units vest ratably over three years. Vesting occurs in equal installments on each of the first three anniversaries of the January 27, 2026 grant date, aligning the award with multi‑year service and performance incentives for the company’s vice president and chief financial officer.
Was the Interface Inc. (TILE) Form 4 transaction a market purchase or sale?
The Form 4 reports an acquisition via equity award, not a market trade. Bruce Andrew Hausmann received 17,044 shares at $0.00 per share as restricted stock units under the company’s stock incentive plan, rather than buying or selling shares on the open market.