Form 4: Interface Inc. Director Acquires Shares Through Stock Incentive Plan
SEC Form 4 Filing
Director Dwight Audley Konrad Gibson acquired 6,480 shares of Interface Inc. common stock through a stock incentive plan on May 15, 2025.
Summary
- On May 15, 2025, Dwight Audley Konrad Gibson, a director of Interface Inc., acquired 6,480 shares of common stock.
- The acquisition was made through the company's stock incentive plan.
- The price per share was $0.00.
- Following the transaction, Gibson directly owns 63,565 shares of Interface Inc. common stock.
- The restricted stock units vest on the date of the 2026 annual meeting of shareholders.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard transaction related to stock options, indicating alignment between the director and the company's performance.
Positives
- A director's participation in the stock incentive plan could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This transaction is a routine disclosure related to insider activity and is common for publicly traded companies. It reflects the director's participation in the company's equity compensation plan.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine grant of stock units to a director.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Director acquired shares through stock incentive plan. |
| 05/16/2025 | Date of signature by Attorney in Fact. |
| 2026 annual meeting of shareholders | Vesting date for the restricted stock units. |
Keywords
Form 4, Director, Stock Incentive Plan, Common Stock, Beneficial Ownership, Interface Inc., TILE, Gibson, Restricted Stock Units
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