Interface officer sells 28,451 shares at $35.99
Interface Inc.’s vice president and secretary reported a Rule 10b5-1 planned sale of 28,451 shares, with 146,563 shares reported as owned afterward.
Sentiment and the balance of points
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Rhea-AI Filing Summary
INTERFACE INC (TILE) officer David B. Foshee, Vice President/Secretary, reported selling 28,451 shares of common stock on September 8, 2026 in an open-market transaction under a Rule 10b5-1 trading plan adopted on June 5, 2026. The weighted average sale price was $35.99 per share, and he reported owning 146,563 shares afterward, a substantial number of which are unvested restricted stock units subject to forfeiture.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 28,451 | $35.99 | $1.02M |
Footnotes (3)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 5, 2026.
- F2. Reflects a weighted average sale price of $35.99. The shares were sold in multiple transactions at prices ranging from $35.38 to $37.02 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.
- F3. 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
weighted average sale price financial
restricted stock units financial
risk of forfeiture regulatory
FAQ
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What insider transaction did TILE report for David B. Foshee?
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AI-generated analysis. How Rhea-AI works. Not financial advice.