Form 4: Interface Inc. Director Daniel T. Hendrix Sells 200 Shares
SEC Form 4
Director Daniel T. Hendrix of Interface Inc. reports the sale of 200 shares of common stock at $17 per share on July 18, 2024.
Summary
- On July 18, 2024, Daniel T. Hendrix, a director of Interface Inc., sold 200 shares of the company's common stock.
- The sale price was $17 per share.
- Following the transaction, Hendrix directly owns 230,947 shares of Interface Inc. common stock.
- Hendrix also indirectly owns 35,072 shares through a trust.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale of shares by a director may be interpreted in various ways, but without additional context, it's difficult to ascertain the specific reason behind the transaction.
Stakeholder Impact
- The sale of shares by a director could have a minor psychological impact on shareholders, but the quantity is unlikely to have a material impact.
Key Dates
| Date | Description |
|---|---|
| 07/18/2024 | Date of stock sale transaction |
| 07/22/2024 | Date of signature on the report |
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