Interface (TILE) director Joseph Keough gifts 6,900 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc. director Joseph Keough reported a disposition of 6,900 shares of common stock as a bona fide gift. The transaction occurred on March 4, 2026 and was recorded at a price of $0.00 per share, consistent with a non-cash gift transfer.
After this transaction, Keough directly held 56,665 shares of Interface Inc. common stock. A substantial number of these shares are unvested restricted stock units that remain subject to a risk of forfeiture under certain circumstances, which can affect how many shares ultimately vest over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,900 shares gifted
Mixed
1 txn
Insider
Keough Joseph
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 6,900 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 56,665 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Interface (TILE) director Joseph Keough report?
Director Joseph Keough reported a bona fide gift of 6,900 shares of Interface common stock. The transaction used code G, indicating a non-cash gift transfer, and was priced at $0.00 per share, reflecting its nature as a charitable or personal gift, not a market sale.
Was the Interface (TILE) insider transaction a sale or a gift?
The reported insider transaction was a bona fide gift, not a sale. It is coded G on the Form 4, with a transaction price of $0.00 per share, indicating a non-cash transfer of 6,900 common shares rather than an open-market or privately negotiated sale.
What does the Form 4 footnote about Interface (TILE) restricted stock units mean?
The footnote explains that a substantial number of the reported shares are unvested restricted stock units. These units are subject to a risk of forfeiture under certain circumstances, meaning Keough may lose some or all of them if vesting conditions are not satisfied.
What role does Joseph Keough hold at Interface (TILE) according to the filing?
According to the Form 4, Joseph Keough is identified as a director of Interface Inc. He is not listed as an officer or ten percent owner in this filing, and the reported 6,900-share transaction reflects his activity in Interface common stock holdings.