Form 4: Interface Inc. Director Acquires 7,015 Shares of Common Stock
SEC Form 4 Filing
K David Kohler, a director at Interface Inc., acquired 7,015 shares of common stock on May 13, 2024.
Summary
- On May 13, 2024, K David Kohler, a director of Interface Inc. (TILE), acquired 7,015 shares of common stock.
- The acquisition was a direct transaction.
- The price per share was $0.00.
- Following the transaction, Kohler directly owns 106,118 shares of Interface Inc.
- A substantial number of these shares are restricted and subject to forfeiture under certain circumstances.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a transaction by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- A director's increased stake in the company could be seen as a positive signal.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: K David Kohler acquired 7,015 shares of Interface Inc. common stock. |
| 05/14/2024 | Date of signature: David B. Foshee, Attorney in Fact, signed the Form 4. |
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