Interface (TILE) CAO granted 3,498 RSUs, total stake now 26,004 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc. Chief Accounting Officer Robert Pridgen received an equity award of 3,498 shares of common stock on January 27, 2026. The grant was made at a price of $0.00 per share in the form of restricted stock units under the company’s stock incentive plan.
The restricted stock units vest in three equal installments on each of the first three anniversaries of the grant date. After this grant, Pridgen beneficially owns 26,004 shares of Interface common stock, a substantial portion of which consists of unvested performance shares and restricted stock units that remain subject to forfeiture under certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pridgen Robert
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,498 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,004 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 did Interface Inc. (TILE) disclose about Robert Pridgen in this Form 4?
Interface Inc. disclosed that Chief Accounting Officer Robert Pridgen received 3,498 shares of common stock as a restricted stock unit grant. These units were issued at $0.00 per share under the company’s stock incentive plan and increase his beneficial ownership to 26,004 shares.
What is the vesting schedule for Robert Pridgen’s new Interface (TILE) restricted stock units?
The 3,498 restricted stock units granted to Robert Pridgen vest ratably over three years. They vest in equal portions on each of the first, second, and third anniversaries of the January 27, 2026 grant date, aligning compensation with ongoing service and performance.
What risks are attached to Robert Pridgen’s Interface (TILE) equity holdings?
A substantial portion of Robert Pridgen’s 26,004 Interface shares consists of unvested performance shares and restricted stock units. These awards are subject to a risk of forfeiture if specified conditions are not satisfied, which can reduce his effective long-term ownership.