Interface Inc. (TILE) director disposes 15,500 shares in asset swap deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc. director Christopher G. Kennedy reported an asset swap involving 15,500 shares of common stock. The shares were disposed of in exchange for other assets, with the stock valued at $28.43 per share based on the average of the high and low trading prices on March 5, 2026. After this transaction, Kennedy directly owned 146,867 shares of Interface common stock. A substantial number of these shares consist of unvested restricted stock units that remain subject to a risk of forfeiture under certain circumstances.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KENNEDY CHRISTOPHER G
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 15,500 | $28.43 | $441K |
Holdings After Transaction:
Common Stock — 146,867 shares (Direct)
Footnotes (1)
- Shares were disposed of in an asset swap, with the shares valued at the average of the high and low trading prices on March 5, 2026. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
FAQ
What insider transaction did Interface Inc. (TILE) report for Christopher G. Kennedy?
Interface Inc. director Christopher G. Kennedy reported an asset swap involving 15,500 shares of common stock. The transaction was classified as an “other acquisition or disposition” and reflects a non-market transfer rather than a typical open-market purchase or sale of shares.