Interface Inc (TILE) VP James Poppens sells 10,000 shares at $38.43 average
Rhea-AI Filing Summary
Interface Inc10,000 shares of common stock on 2026-08-11 in an open-market transaction. The sale was executed at a weighted average price of $38.43 per share, with individual trades ranging from $38.20 to $38.71. Following the sale, Poppens directly holds 93,846 shares, and a substantial number of these are unvested restricted stock units that remain subject to forfeiture under certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Poppens James
Role
Vice President
Sold
10,000 shs ($384K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,000 | $38.43 | $384K |
Holdings After Transaction:
Common Stock — 93,846 shares (Direct)
Footnotes (2)
- F1. Reflects a weighted average sale price of $38.43. The shares were sold in multiple transactions at prices ranging from $38.20 to $38.71 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.
- F2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $38.43 per share
Shares held after transaction: 93,846 shares
+1 more
4 metrics
Shares sold
10,000 shares
Common stock sale by Vice President James Poppens on 2026-08-11
Weighted average sale price
$38.43 per share
Weighted average across multiple sale transactions between $38.20 and $38.71
Shares held after transaction
93,846 shares
Direct holdings of James Poppens following the reported sale
Price range of individual trades
$38.20–$38.71 per share
Range of prices for the multiple sale transactions included in the Form 4
Key Terms
weighted average sale price, restricted stock units, risk of forfeiture, open market or private transaction
4 terms
weighted average sale price financial
"Reflects a weighted average sale price of $38.43."
restricted stock units financial
"A substantial number of such shares are unvested restricted stock units subject to a risk"
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 certain circumstances."
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Interface Inc (TILE) report for James Poppens?
Interface Inc reported that Vice President James Poppens sold 10,000 shares of common stock on 2026-08-11 in an open-market transaction. The trade was disclosed in a Form 4 insider filing.
What does the Form 4 footnote say about Interface Inc (TILE) restricted stock units held by James Poppens?
The footnote explains that a substantial number of the shares reported as held by James Poppens are unvested restricted stock units, which are subject to a risk of forfeiture under certain circumstances.