Interface CEO sells 7,000 shares in planned trade
INTERFACE INC (TILE) reported that President & CEO Laurel Hurd sold 7,000 shares of common stock on 2026-08-24 at $39.09 per share in an open-market or private transaction.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INTERFACE INC (TILE) reported that President & CEO Laurel Hurd sold 7,000 shares of common stock on 2026-08-24 at $39.09 per share in an open-market or private transaction. The sale was effected under a Rule 10b5-1 trading plan adopted on May 12, 2026. Following this transaction, Hurd holds 506,978 shares directly, and a substantial number of these are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 7,000 | $39.09 | $274K |
Footnotes (2)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 12, 2026.
- F2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
restricted stock units financial
risk of forfeiture financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did INTERFACE INC (TILE) disclose for Laurel Hurd?
Was the INTERFACE INC (TILE) insider sale made under a Rule 10b5-1 plan?
Does the filing mention any vesting conditions on Laurel Hurd’s INTERFACE INC (TILE) holdings?
AI-generated analysis. How Rhea-AI works. Not financial advice.