Form 4: Interface Inc. Director Daniel T. Hendrix Sells 12,500 Shares

Director Daniel T. Hendrix sold 12,500 shares of Interface Inc. common stock on January 2, 2025, at an average price of $24.10.

Summary

• On January 2, 2025, Daniel T. Hendrix, a director of Interface Inc., sold 12,500 shares of common stock.
• The sale was executed at a weighted average price of $24.10 per share, with individual transactions ranging from $23.84 to $24.63.
• Following the transaction, Hendrix directly owns 116,147 shares and indirectly owns 35,072 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a positive or negative outlook for the company. It could be for personal financial reasons.

Industry Context

This is a routine disclosure of a transaction by a company insider. It's common for directors and officers to buy and sell shares of their company's stock, and these transactions are reported to the SEC to ensure transparency.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates