Director Kohler K David gets 4,461 RSUs at Interface Inc (TILE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc director Kohler K David received a grant of 4,461 restricted stock units of common stock as equity compensation. The units were granted at no cash cost and will vest on the date of the company’s 2027 annual meeting of shareholders. Following this award, his direct holdings total 117,059 shares of Interface Inc common stock. This is a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kohler K David
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,461 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 117,059 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 4,461 units
Grant price: $0.0000 per share
Total holdings after grant: 117,059 shares
+1 more
4 metrics
RSUs granted
4,461 units
Restricted stock units granted on 2026-05-19
Grant price
$0.0000 per share
Equity award under stock incentive plan
Total holdings after grant
117,059 shares
Direct ownership following the award
Vesting event
2027 annual meeting
RSUs vest on 2027 annual shareholder meeting date
Key Terms
Restricted stock units, stock incentive plan, annual meeting of shareholders
3 terms
Restricted stock units financial
"Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting of shareholders."
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.
stock incentive plan financial
"Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting of shareholders."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
FAQ
What insider transaction did Interface Inc (TILE) report for Kohler K David?
Interface Inc reported that director Kohler K David received 4,461 restricted stock units of common stock as an equity grant. The award was recorded at no cash cost per share and increases his direct holdings to 117,059 shares after the transaction.
How many restricted stock units were granted to Kohler K David at Interface Inc?
Kohler K David was granted 4,461 restricted stock units of Interface Inc common stock. These units represent a stock-based compensation award and will convert into shares upon vesting, adding to his existing equity stake in the company over time.
When do Kohler K David’s new restricted stock units at Interface Inc vest?
The restricted stock units granted to Kohler K David vest on the date of Interface Inc’s 2027 annual meeting of shareholders. Vesting ties the award to continued board service and aligns the director’s interests with long-term shareholder outcomes through future share delivery.
Was Kohler K David’s Interface Inc equity grant an open-market stock purchase?
No, the filing shows a grant coded as a compensation award rather than an open-market purchase. The 4,461 restricted stock units were issued at zero cash price per share under the company’s stock incentive plan, typical for director equity compensation programs.