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Interface Inc. (TILE) director disposes 15,500 shares in asset swap deal

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
KENNEDY CHRISTOPHER G

(Last) (First) (Middle)
1280 WEST PEACHTREE ST NW

(Street)
ATLANTA GA 30309

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
INTERFACE INC [ TILE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2026 J(1) 15,500 D $28.43 146,867(2) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.
Remarks:
/s/ David B. Foshee, Attorney in Fact 03/06/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How were the 15,500 Interface Inc. (TILE) shares valued in the asset swap?

The 15,500 Interface Inc. shares were valued using the average of the high and low trading prices on March 5, 2026. This valuation method set the per-share value at $28.43 for purposes of the asset swap transaction reported on the Form 4.

How many Interface Inc. (TILE) shares does Christopher G. Kennedy own after the transaction?

Following the reported asset swap, Christopher G. Kennedy directly owned 146,867 shares of Interface Inc. common stock. This post-transaction balance includes shares held in his name, with a substantial portion represented by unvested restricted stock units subject to potential forfeiture conditions.

Was the Interface Inc. (TILE) insider transaction a buy or sell of shares?

The transaction was reported with code J as an “other acquisition or disposition,” specifically described as an asset swap. Shares were disposed of in exchange for other assets, so it was not recorded as a standard open-market buy or sell transaction.

What does the footnote about unvested restricted stock units mean for TILE shares?

The filing notes that a substantial number of Kennedy’s shares are unvested restricted stock units. These units are subject to a risk of forfeiture under certain circumstances, meaning some shares could be lost if vesting or performance conditions are not satisfied.

How is ownership of the Interface Inc. (TILE) shares characterized for Christopher G. Kennedy?

The Form 4 characterizes Christopher G. Kennedy’s holdings as directly owned common stock. The ownership type is listed as direct, and the total following the transaction is 146,867 shares, including a substantial portion represented by unvested restricted stock units with forfeiture risk.
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