TILE.NASDAQInterface INC

Form 4: Interface CFO Sells Shares for Tax Obligation

Sentiment:

Insider Transaction Report


Interface Inc.'s VP & CFO, Bruce Andrew Hausmann, disposed of 6,012 shares of common stock to cover tax liabilities at a price of $30.06 per share.

Summary

  • Bruce Andrew Hausmann, the Vice President and Chief Financial Officer of Interface Inc. (TILE), reported a change in beneficial ownership.
  • On January 12, 2026, Mr. Hausmann disposed of 6,012 shares of Interface Inc. Common Stock.
  • The disposition was made at a price of $30.06 per share, totaling approximately $180,762.72.
  • This transaction was coded 'F', indicating a payment of tax liability by withholding securities.
  • Following this transaction, Mr. Hausmann beneficially owns 139,391 shares of Common Stock.
  • A substantial number of the beneficially owned shares are unvested performance shares and restricted stock units, subject to a risk of forfeiture under certain circumstances.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax purposes, which is generally considered neutral. It does not provide information that would significantly alter the sentiment towards the company.

Risks

  • A substantial number of the 139,391 shares beneficially owned by the reporting person are unvested performance shares and restricted stock units, which are subject to a risk of forfeiture under certain circumstances.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive analysis.

Stakeholder Impact

  • Shareholders: The transaction is a routine tax-related disposition by a key executive and is unlikely to have a significant direct impact on shareholders. The executive retains a substantial beneficial ownership, aligning interests.
  • Employees: No direct impact on employees is indicated by this filing.

Key Dates

DateDescription
01/12/2026Transaction Date: Disposition of 6,012 shares of Common Stock by Bruce Andrew Hausmann.
01/14/2026Signature Date of the Form 4 filing by David B. Foshee, Attorney in Fact.

Keywords

Interface Inc., TILE, Form 4, insider transaction, stock sale, CFO, beneficial ownership, tax withholding

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