Interface (TILE) CEO logs 18,220-share disposition in Form 4 filing
Rhea-AI Filing Summary
Interface Inc. President and CEO Laurel Hurd reported a disposition of 18,220 shares of Interface common stock on January 12, 2026, at a price of $30.06 per share. After this transaction, Hurd beneficially owned 385,827 shares of the company’s common stock, held directly.
The filing notes that a substantial number of these beneficially owned shares consist of unvested performance shares and restricted stock units that are subject to forfeiture under certain circumstances, meaning some of the reported holdings are contingent on future vesting conditions.
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FAQ
What insider transaction did Interface (TILE) report for Laurel Hurd?
Interface reported that President and CEO Laurel Hurd disposed of 18,220 shares of the company’s common stock on January 12, 2026, at a price of $30.06 per share.
How many Interface (TILE) shares does Laurel Hurd own after this transaction?
After the reported transaction, Laurel Hurd beneficially owned 385,827 shares of Interface common stock in direct ownership.
What does the footnote in Laurel Hurd’s Interface (TILE) Form 4 explain?
The footnote explains that a substantial number of the 385,827 beneficially owned shares are unvested performance shares and restricted stock units that can be forfeited under certain circumstances.
Was the Interface (TILE) CEO’s transaction a direct or indirect holding change?
The filing shows the post-transaction holdings of 385,827 shares as held in direct ownership by Laurel Hurd.
What type of security did Laurel Hurd transact in for Interface (TILE)?
The transaction involved Interface Common Stock, as reported in the non-derivative securities table.
Does the Interface (TILE) Form 4 mention derivative securities for Laurel Hurd?
The section for derivative securities is present but does not list any specific derivative security transactions in the provided content.