Interface Inc. (TILE) CAO Pridgen sells 8,000 shares, holds 22,447 post-trade
Rhea-AI Filing Summary
Interface Inc. chief accounting officer Robert Pridgen reported an open-market sale of 8,000 shares of Interface common stock on 2026-08-11 at $38.30 per share. Following this transaction, he reported direct ownership of 22,447 shares, a substantial number of which are unvested restricted stock units subject to potential forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares
Net Sell
1 txn
Insider
Pridgen Robert
Role
Chief Accounting Officer
Sold
8,000 shs ($306K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 8,000 | $38.30 | $306K |
Holdings After Transaction:
Common Stock — 22,447 shares (Direct)
Footnotes (1)
- F1. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Key Figures
Shares sold: 8,000 shares
Sale price: $38.30 per share
Shares held after transaction: 22,447 shares
3 metrics
Shares sold
8,000 shares
Common stock sale on 2026-08-11 by chief accounting officer
Sale price
$38.30 per share
Reported transaction price for 8,000 shares of common stock
Shares held after transaction
22,447 shares
Direct holdings reported after the sale; many are unvested RSUs
Key Terms
restricted stock units, risk of forfeiture, open market or private transaction
3 terms
restricted stock units financial
"A substantial number of such shares are unvested restricted stock units subject"
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.
risk of forfeiture financial
"unvested restricted stock units subject to a risk of forfeiture under certain"
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Interface Inc. (TILE) disclose for Robert Pridgen?
Interface Inc. disclosed that Chief Accounting Officer Robert Pridgen sold 8,000 shares of common stock on 2026-08-11 in an open-market or private transaction at a reported price of $38.30 per share.
Does Robert Pridgen’s remaining Interface Inc. (TILE) stake include restricted stock units?
Yes. The filing notes that a substantial number of the 22,447 shares reported after the transaction are unvested restricted stock units subject to a risk of forfeiture under certain conditions.
Was Robert Pridgen’s Interface Inc. (TILE) stock sale under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmed trading plan. It does not state that this specific 8,000-share sale was executed under a pre-arranged Rule 10b5-1 plan.