Interface (TILE) insider sale leaves 40,786 shares held
Rhea-AI Filing Summary
INTERFACE INC (TILE) executive William Thomas Blackorby, VP and Chief Supply Chain Officer, reported a sale of 2,826 shares of common stock on 2026-08-19 at $39.21 per share in an open market or private transaction. Following this sale, he directly holds 40,786 shares, and a substantial number of these are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,826 shares
Net Sell
1 txn
Insider
Blackorby William Thomas
Role
VP, Chief Supply Chain Officer
Sold
2,826 shs ($111K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,826 | $39.21 | $111K |
Holdings After Transaction:
Common Stock — 40,786 shares (Direct)
Footnotes (1)
- F1. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Shares sold: 2,826 shares
Sale price per share: $39.21
Shares owned after transaction: 40,786 shares
+1 more
4 metrics
Shares sold
2,826 shares
Common stock sale reported on 2026-08-19
Sale price per share
$39.21
Price for the 2,826 shares of common stock sold
Shares owned after transaction
40,786 shares
Direct holdings of common stock following the sale
Net shares sold in filing
2,826 shares
Net sell direction across all reported transactions
Key Terms
restricted stock units, risk of forfeiture, open market or private transaction
3 terms
restricted stock units financial
"A substantial number of such shares are unvested restricted stock units subject"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
risk of forfeiture financial
"unvested restricted stock units subject to a risk of forfeiture under"
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did TILE executive William Thomas Blackorby report?
William Thomas Blackorby reported selling 2,826 shares of Interface Inc. common stock on 2026-08-19 at $39.21 per share in an open market or private transaction, as disclosed in his Form 4 filing.
Was the TILE insider sale by William Thomas Blackorby made under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed, so the reported sale of 2,826 shares was not stated to be made under a Rule 10b5-1 pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.