Interface Inc (TILE) VP David Foshee granted 10,232 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface IncJanuary 27, 2026, coded as an acquisition at a price of $0.00 per share.
The award consists of restricted stock units granted under the company’s stock incentive plan, vesting in three equal installments on the first three anniversaries of the grant date. After this grant, Foshee beneficially owns 210,516 shares of common stock, a substantial portion of which are unvested performance shares and restricted stock units that may be forfeited under certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Foshee David B
Role
Vice President/Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,232 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 210,516 shares (Direct)
Footnotes (1)
- Restricted stock units granted under the Company's stock incentive plan, vesting ratably on the first three anniversaries of the grant date. A substantial number of such shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
What insider transaction did Interface Inc (TILE) report for David B. Foshee?
Interface Inc reported that Vice President/Secretary David B. Foshee acquired 10,232 shares of common stock on January 27, 2026. The shares were granted as restricted stock units at $0.00 per share under the company’s stock incentive plan, rather than purchased in the open market.
What are the vesting terms of David B. Foshee’s new Interface Inc (TILE) restricted stock units?
The 10,232 restricted stock units granted to David B. Foshee vest ratably over three years. They vest in equal installments on the first, second, and third anniversaries of the January 27, 2026 grant date, aligning his compensation with longer-term company performance.
Were any cash payments involved in David B. Foshee’s Interface Inc (TILE) stock grant?
No cash changed hands for the reported grant; the 10,232 shares were acquired at $0.00 per share. This reflects an equity-based compensation award of restricted stock units under Interface Inc’s stock incentive plan, rather than a cash purchase of shares.
What role does David B. Foshee hold at Interface Inc (TILE) in this Form 4 filing?
In this filing, David B. Foshee is identified as an officer of Interface Inc, serving as Vice President and Secretary. The reported transaction reflects equity compensation associated with his executive role, with the shares held directly in his name following the grant.