4/A: Interface Inc. CFO Hausmann Amends Form 4 to Correct Tax Withholding
SEC Filing (Form 4/A)
Bruce Andrew Hausmann, VP & CFO of Interface Inc., files an amended Form 4 to correct the number of shares withheld for taxes after a transaction on March 16, 2024.
Summary
- Bruce Andrew Hausmann, the VP & CFO of Interface Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares withheld for taxes related to a transaction that occurred on March 16, 2024.
- On March 16, 2024, 18,822 common stock shares were disposed of at a price of $15.14.
- Following the reported transaction, Hausmann beneficially owns 253,475 shares of Interface Inc. common stock.
- A substantial number of these shares are unvested restricted shares, performance shares, and restricted stock units subject to forfeiture under certain circumstances.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing (Form 4/A) to correct a minor error, so it's neutral to slightly positive as it shows attention to detail and compliance.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. Amendments are sometimes necessary to correct errors or omissions in the original filings.
Key Dates
| Date | Description |
|---|---|
| 03/16/2024 | Date of the transaction involving the disposal of shares. |
| 03/19/2024 | Date of original Form 4 filing. |
| 03/25/2024 | Date of the amended Form 4/A filing. |
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