STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Insider Sale: TILE Vice President Disposes of 5,000 Shares on 08/21/2025

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

James Poppens, Vice President of Interface, Inc. (TILE), reported an insider sale on 08/21/2025. He disposed of 5,000 shares of common stock in transactions executed at a weighted average price of $26.14 per share, with individual sale prices ranging from $26.07 to $26.19. After the sale, the reporting person beneficially owned 124,616 shares. The filing notes that a substantial portion of those shares are unvested performance shares and restricted stock units subject to forfeiture under certain conditions. The Form 4 was signed by an attorney-in-fact on 08/22/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: A routine insider sale of 5,000 shares at ~$26.14; remaining holding still significant and includes unvested awards.

The transaction appears to be a routine disposition rather than a company-altering event. A sale of 5,000 shares against 124,616 shares held represents a modest reduction in beneficial ownership (~4.0%). The filing discloses that many remaining shares are unvested performance shares and restricted stock units, which limits immediate liquidity of the holder's total position. No derivative transactions or changes to grant terms are reported, and the weighted average sale price range is narrow, indicating execution over multiple trades at similar prices.

TL;DR: Disclosure is standard and meets Rule 16 reporting; no governance red flags apparent from these entries.

The Form 4 timely reports an insider sale and provides the required explanatory detail about sale prices and the nature of retained holdings. The involvement of an attorney-in-fact and the explanatory note about unvested performance shares and RSUs aligns with standard practice for insiders managing restricted awards. There are no amendments, pledges, or transfers indicating change in control or governance concerns.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Poppens James

(Last) (First) (Middle)
1280 WEST PEACHTREE STREET NW

(Street)
ATLANTA GA 30309

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERFACE INC [ TILE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/21/2025 S 5,000 D $26.14(1) 124,616(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Reflects a weighted average sale price of $26.14. The shares were sold in multiple transactions at prices ranging from $26.07 to $26.19 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.
2. A substantial number of such shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.
Remarks:
/s/ David B. Foshee, Attorney in Fact 08/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did James Poppens (TILE) report on Form 4?

The Form 4 reports that James Poppens sold 5,000 shares of Interface, Inc. common stock on 08/21/2025 at a weighted average price of $26.14 per share.

How many shares does the reporting person own after the sale?

Following the reported transaction, the reporting person beneficially owned 124,616 shares.

Were the sold shares executed at a single price or a range?

The filing states the sales occurred at prices ranging from $26.07 to $26.19 per share and reports a weighted average sale price of $26.14.

Does the Form 4 indicate any unvested or restricted shares?

Yes. The filing discloses that a substantial number of the reported shares are unvested performance shares and restricted stock units subject to forfeiture.

Who signed the Form 4 and when was it filed?

The Form 4 bears the signature of David B. Foshee, Attorney in Fact and is dated 08/22/2025.
Interface Inc

NASDAQ:TILE

TILE Rankings

TILE Latest News

TILE Latest SEC Filings

TILE Stock Data

1.63B
57.12M
2.27%
102.78%
5.18%
Furnishings, Fixtures & Appliances
Carpets & Rugs
Link
United States
ATLANTA