Interface director sells 8,000 shares at $37.13
Interface Inc. director Daniel T. Hendrix sold 8,000 TILE shares under a Rule 10b5-1 trading plan and continues to hold over 120,000 shares directly and via a trust.
Rhea-AI Filing Summary
INTERFACE INC (TILE) director Daniel T. Hendrix reported selling 8,000 shares of common stock on September 2, 2026 in an open‑market transaction at a weighted average price of $37.13 per share, with individual prices ranging from $36.91 to $37.45. The transaction is affirmed as made under a Rule 10b5-1 trading plan. Following this sale, he holds 88,147 shares directly and an additional 35,072 shares indirectly through a trust.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 8,000 shares
Net Sell
2 txns
Insider
HENDRIX DANIEL T
Role
Director
Sold
8,000 shs ($297K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 8,000 | $37.13 | $297K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 88,147 shares (Direct);
Common Stock — 35,072 shares (Indirect, By trust)
Footnotes (1)
- F1. Reflects a weighted average sale price of $37.13. The shares were sold in multiple transactions at prices ranging from $36.91 to $37.45 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.
Key Figures
Shares sold: 8,000 shares
Weighted average sale price: $37.13 per share
Sale price range: $36.91–$37.45 per share
+2 more
5 metrics
Shares sold
8,000 shares
Open‑market sale of Interface Inc. common stock on September 2, 2026
Weighted average sale price
$37.13 per share
Average price for the 8,000 shares sold on September 2, 2026
Sale price range
$36.91–$37.45 per share
Range of prices for individual trades in the September 2, 2026 sale
Direct holdings after transaction
88,147 shares
Direct Interface Inc. common stock held by Daniel T. Hendrix after the sale
Indirect holdings by trust
35,072 shares
Shares of Interface Inc. common stock held indirectly through a trust
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, indirect, open market
4 terms
Rule 10b5-1 trading plan regulatory
"The transaction is affirmed as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Reflects a weighted average sale price of $37.13"
indirect financial
"35,072 shares indirectly through a trust"
open market market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did TILE director Daniel T. Hendrix report?
He reported a sale of 8,000 shares of Interface Inc. common stock on September 2, 2026 in an open‑market transaction, at a weighted average price of $37.13 per share, with trades between $36.91 and $37.45.
AI-generated analysis. How Rhea-AI works. Not financial advice.