Interface (TILE) vice president sells 8,000 shares at $28.05
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Interface Inc. vice president James Poppens reported an open-market sale of 8,000 shares of Interface common stock. The sale took place on March 6, 2026 at a weighted average price of $28.05 per share, with individual trade prices ranging from $28.00 to $28.18.
After this transaction, Poppens directly holds 103,846 shares of Interface common stock. A substantial number of these shares are unvested restricted stock units that remain subject to forfeiture under certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 8,000 shares ($224,400)
Net Sell
1 txn
Insider
Poppens James
Role
Vice President
Sold
8,000 shs ($224K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,000 | $28.05 | $224K |
Holdings After Transaction:
Common Stock — 103,846 shares (Direct)
Footnotes (1)
- Reflects a weighted average sale price of $28.05. The shares were sold in multiple transactions at prices ranging from $28.00 to $28.18 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein. 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 James Poppens report at Interface (TILE)?
James Poppens, a vice president at Interface, reported selling 8,000 shares of common stock in an open-market transaction. The sale occurred on March 6, 2026 at a weighted average price of $28.05 per share, according to the Form 4 filing.
What does the weighted average sale price mean in the Poppens Interface (TILE) filing?
The weighted average sale price of $28.05 reflects multiple trades executed between $28.00 and $28.18. The filing states that Poppens will provide full details of the number of shares sold at each separate price within this range to interested parties upon request.
What are the unvested restricted stock units mentioned in James Poppens’ Interface (TILE) holdings?
The filing notes that a substantial number of Poppens’ 103,846 Interface shares are actually unvested restricted stock units. These units are subject to a risk of forfeiture under certain conditions, meaning they may not fully vest if those conditions are not met.