Interface VP uses 2,413 shares for tax payment
Interface Inc. vice president James Poppens disposed of 2,413 shares of common stock to cover tax obligations tied to equity awards.
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Rhea-AI Filing Summary
Interface Inc. vice president James Poppens disposed of 2,413 shares of common stock to cover tax obligations tied to equity awards. The shares were valued at $31.50 each in this tax-withholding disposition. After the transaction, he directly owned 129,891 shares, many of which are unvested performance shares and restricted stock units subject to potential forfeiture.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,413 | $31.50 | $76K |
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
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What did Interface Inc. (TILE) insider James Poppens report on this Form 4?
Was the Interface Inc. (TILE) Form 4 transaction a tax-withholding event or an open-market sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.