Interface Inc SEC Filings

Burke John Patrick reported acquisition or exercise transactions in this Form 4 filing.

INTERFACE INC director John Patrick Burke received an equity grant in the form of restricted stock units. He was awarded 4,461 shares of Common Stock at no purchase price under the company’s stock incentive plan. Following this grant, his direct holdings total 91,059 shares. The restricted stock units are scheduled to vest on the date of the company’s 2027 annual meeting of shareholders.

Gibson Dwight Audley Konrad reported acquisition or exercise transactions in this Form 4 filing.

INTERFACE INC director Dwight Audley Konrad Gibson received an equity grant in the form of restricted stock units under the company’s stock incentive plan. The award covers 4,461 shares of common stock and is structured as compensation rather than a cash purchase. Following this grant, he holds 68,026 shares of common stock directly. The restricted stock units are scheduled to vest on the date of the company’s 2027 annual meeting of shareholders, aligning the director’s incentives with long-term shareholder interests.

Interface, Inc. reported stronger results for the quarter ended April 5, 2026. Net sales reached $331.0 million, up 11.3% from $297.4 million, driven by higher volumes (including an extra week), better pricing, and favorable product mix, especially in corporate office projects.

Net income rose to $23.6 million with diluted EPS of $0.40, compared with $13.0 million and $0.22 a year earlier, as gross margin improved to 38.3% and SG&A fell as a percentage of sales. Interest expense declined to $2.7 million after redeeming senior notes and benefiting from lower credit facility rates.

The company ended the quarter with $61.2 million in cash, $196.7 million of debt under its syndicated credit facility, and additional borrowing capacity of $226.3 million. Operating cash flow was $13.5 million, and Interface repurchased about 461,000 shares for $12.0 million. Backlog increased to approximately $256.6 million, and management expects further revenue growth in 2026 while facing higher raw material, energy, and luxury vinyl tile sourcing costs.

Charles Schwab Corp. submitted a Form 144 notice indicating proposed sales of vested restricted stock awards (RSAs) on various dates in January–February 2026. The filing lists proposed sale quantities of 5,067, 2,392, 25,837, and 11,097 shares tied to vesting events dated 01/12/2026 through 02/27/2026.

The cover lines show Nasdaq trading and an entry date of 05/11/2026; the filing provides per‑lot RSA vesting counts and identifies the securities as Common Stock. The Form 144 is a notice of intent to sell under Rule 144 rather than a completed sale.

Interface, Inc. reported a strong first quarter of 2026 and raised its full-year guidance. Net sales were $331.0 million, up 11.3% year-over-year, with currency-neutral net sales up 6.8%. GAAP diluted EPS rose to $0.40 from $0.22, while adjusted diluted EPS increased to $0.41, a 64.0% year-over-year gain.

Gross profit margin improved to 38.3%, and adjusted EBITDA reached $46.8 million, or 14.1% of net sales. Orders grew 8.0% on a currency-neutral basis, with broad-based strength across Corporate Office and Healthcare. Management highlighted continued progress on its "One Interface" strategy, emphasizing growth, margin expansion, and disciplined capital allocation.

Interface ended the quarter with cash of $61.2 million, total debt of $196.5 million, and a net leverage ratio of 0.6x last twelve months adjusted EBITDA, supporting its focus on investment, debt management, and returning excess cash over time.

Vanguard Portfolio Management reports beneficial ownership of 3,021,667 shares (5.21%) of Interface Inc common stock as of 03/31/2026. The filing states Vanguard has sole dispositive power over 3,021,667 shares and sole voting power over 29,857 shares. The Schedule 13G was signed on 04/29/2026.

Interface, Inc. is asking shareholders to vote at its 2026 Annual Meeting on May 19, 2026 to elect ten directors, approve an advisory say‑on‑pay proposal, and ratify Ernst & Young LLP as independent auditor for 2026.

The proxy highlights 2025 performance, including strong cash generation that allowed repayment of $121 million of debt, ending the year with total debt of $182 million and net debt of $110 million. Management pay is heavily performance‑based, with 2025 bonuses tied to adjusted operating income and currency‑neutral sales paying out at about 152% of target after the company exceeded its goals. Long‑term incentives use multi‑year adjusted EBITDA and return on invested capital hurdles.

The board emphasizes ESG oversight through multiple committees, maintains separate CEO and independent chair roles, and discloses major holders such as BlackRock and Vanguard. Shareholders are encouraged to vote by internet, telephone or mail if they do not attend in person.

The Vanguard Group amended its Schedule 13G/A to report it no longer beneficially owns shares of Interface Inc. The filing states amount beneficially owned: 0 and percent of class: 0%. The amendment explains an internal realignment on 01/12/2026 that caused subsidiaries and business divisions to report ownership separately in reliance on SEC Release No. 34-39538. The filing lists Interface Inc's principal office address and is signed by Ashley Grim, Head of Global Fund Administration on 03/27/2026.