INTERFACE INC SEC Filings

Interface Inc. President & CEO Laurel Hurd reported a tax-related share disposition. On this Form 4, she transferred 9,753 shares of common stock at $31.50 per share to cover tax withholding obligations, a non-open-market transaction classified as a tax-withholding disposition.

After this transaction, she directly holds 433,375 shares of Interface common stock. A substantial number of these remaining shares are unvested performance shares and restricted stock units that may be forfeited under certain conditions.

Interface, Inc. is a Georgia-based global flooring company focused on modular carpet, luxury vinyl tile (LVT), nora rubber flooring and FLOR premium rugs. It operates through two segments, Americas (AMS) and Europe, Africa, Asia and Australia (EAAA), which generated 61% and 39% of 2025 net sales, respectively.

The company emphasizes sustainability, offering over 200 cradle‑to‑gate carbon negative carpet tile styles using its CQuest backings and expanding recycled content in LVT. It targets corporate offices, education, healthcare, government, hospitality and residential living, supported by manufacturing across the U.S., Europe, China and Australia and third‑party LVT production in South Korea.

Interface highlights risks from intense competition, tariffs, macroeconomic weakness in commercial offices, cybersecurity threats, geopolitical conflicts and foreign currency swings. As of December 28, 2025, it had a backlog of approximately $222.8 million and employed 3,570 people worldwide. Debt totaled about $181.8 million with $243.2 million of undrawn credit facility capacity, and the company continued share repurchases, buying 500,166 shares in late 2025 under a $100 million program.

Interface, Inc. reported record 2025 results with net sales of $1.39 billion, up 5.4% year over year, and GAAP earnings per diluted share of $1.96, up 32.4%. Adjusted earnings per diluted share were $1.94, a 32.9% increase.

Adjusted gross profit margin improved to 39.0% from 37.1%, supported by favorable pricing, product mix, and manufacturing efficiencies. Adjusted EBITDA rose to $217.9 million, or 15.7% of net sales, while net debt fell to $110.3 million, bringing the net leverage ratio down to 0.5x.

In the fourth quarter, net sales reached $349.4 million, up 4.3%, with GAAP diluted EPS of $0.41 and adjusted diluted EPS of $0.49, up 44.1%. The company generated $167.9 million of operating cash in 2025, repaid $128 million of debt, repurchased $18.2 million of stock, and extended debt maturities to 2030.

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.

Interface Inc. vice president James Poppens received a grant of 13,131 shares of common stock on January 27, 2026, reported as an acquisition at a price of $0.00 per share under the company’s stock incentive plan. These are restricted stock units that vest in three equal installments on the first three anniversaries of the grant date. After this grant, Poppens beneficially owns 132,304 shares of Interface common stock, a substantial portion of which consists of unvested performance shares and restricted stock units that can be forfeited under certain circumstances.

Interface Inc. President and CEO Laurel Hurd reported an equity award of 57,301 shares of common stock on January 27, 2026. These are restricted stock units granted at $0.00 per share under the company’s stock incentive plan and vest in three equal annual installments.

After this grant, Hurd beneficially owns 443,128 shares of Interface common stock in total. A substantial portion of this total consists of unvested performance shares and restricted stock units that can be forfeited if certain conditions are not met.

Interface Inc. VP & CFO Bruce Andrew Hausmann reported an award of 17,044 shares of common stock on January 27, 2026, coded as an acquisition at $0.00 per share. These are restricted stock units granted under the company’s stock incentive plan.

The restricted stock units vest in three equal installments on the first three anniversaries of the grant date. After this grant, Hausmann beneficially owns 156,435 shares of Interface Inc. common stock, including a substantial number of unvested performance shares and restricted stock units that remain subject to forfeiture under certain conditions.

Interface IncJanuary 27, 2026, coded as an acquisition at a price of $0.00 per share.

The award consists of restricted stock units granted under the company’s stock incentive plan, vesting in three equal installments on the first three anniversaries of the grant date. After this grant, Foshee beneficially owns 210,516 shares of common stock, a substantial portion of which are unvested performance shares and restricted stock units that may be forfeited under certain conditions.