Interface director awarded 4,461 restricted units
Marcus Catherine reported acquisition or exercise transactions in this Form 4 filing.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Marcus Catherine reported acquisition or exercise transactions in this Form 4 filing.
Interface Inc. director Catherine Marcus received an equity award in the form of 4,461 restricted stock units under the company’s stock incentive plan. These units were granted at no cash cost per unit and will vest on the date of the 2027 annual meeting of shareholders. After this grant, Marcus is reported as beneficially owning 22,755 shares of common stock in total.
Insider Trade Summary
Grant/Award: 4,461 shares
Grant/Award
1 txn
Insider
Marcus Catherine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,461 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 22,755 shares (Direct)
Footnotes (1)
- F1. Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting of shareholders.
Key Figures
RSU grant size: 4,461 units
Grant price per unit: $0.0000 per unit
Total shares after grant: 22,755 shares
+1 more
4 metrics
RSU grant size
4,461 units
Restricted stock units granted to director on 2026-05-19
Grant price per unit
$0.0000 per unit
Reported price for RSU grant
Total shares after grant
22,755 shares
Beneficial ownership following reported transaction
Transaction direction
1 acquisition
Grant, award, or other acquisition (code A)
Key Terms
Restricted stock units, stock incentive plan, annual meeting of shareholders, beneficially owning
4 terms
Restricted stock units financial
"Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting"
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.
stock incentive plan financial
"Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
beneficially owning financial
"After this grant, Marcus is reported as beneficially owning 22,755 shares of common stock"
Beneficially owning a security means you have the economic rights and practical power over shares even if they’re held in another name—you can receive dividends, sell the shares, or direct how they’re voted. Think of it like renting a car: you may not hold the title, but you control and use it. For investors, beneficial ownership reveals who actually controls or benefits from a company’s stock and is used in regulatory disclosure and voting calculations.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Interface Inc. (TILE) report for Catherine Marcus?
Interface Inc. reported that director Catherine Marcus received 4,461 restricted stock units as an equity grant. The award was made under the company’s stock incentive plan and carries no cash purchase price, representing stock-based compensation rather than an open-market share purchase.
What are the terms of the restricted stock units granted to Catherine Marcus at Interface Inc. (TILE)?
The grant consists of restricted stock units awarded under Interface Inc.’s stock incentive plan. According to the filing, these units vest on the date of the 2027 annual meeting of shareholders, aligning vesting with a future shareholder meeting rather than a fixed calendar date.
Did Catherine Marcus pay a purchase price for her Interface Inc. (TILE) restricted stock units?
No cash purchase price was paid for the award; the Form 4 reports a price per share of 0.0000. This indicates the 4,461 restricted stock units were granted as compensation, a common structure for director equity awards at public companies like Interface Inc.
Does the Interface Inc. (TILE) Form 4 show any insider sales by Catherine Marcus?
The Form 4 shows only an acquisition transaction coded as a grant or award, with no reported sales. The transaction direction is classified as an acquisition of 4,461 restricted stock units, increasing her total reported beneficial ownership to 22,755 Interface Inc. common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
