Interface VP reports tax-share disposition
Interface Inc. vice president and secretary David B. Foshee reported a tax-withholding disposition of 1,747 shares of common stock, valued at $31.50 per share, to satisfy a tax liability by delivering shares rather than cash.
Rhea-AI Filing Summary
Interface Inc. vice president and secretary David B. Foshee reported a tax-withholding disposition of 1,747 shares of common stock, valued at $31.50 per share, to satisfy a tax liability by delivering shares rather than cash.
After this transaction, he directly held 208,769 shares of Interface common stock. A substantial number of these shares consist of unvested performance shares and restricted stock units that remain subject to potential forfeiture under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,747 | $31.50 | $55K |
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Interface (TILE) executive David B. Foshee report?
Was the Interface (TILE) Form 4 transaction an open-market sale?
What does transaction code F mean on the Interface (TILE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.