Form 4: Interface Inc. Director Daniel T. Hendrix Sells Shares
SEC Form 4 Filing
Director Daniel T. Hendrix sold shares of Interface Inc. (TILE) on August 16 and August 19, 2024, according to a Form 4 filing with the SEC.
Summary
- Daniel T. Hendrix, a director of Interface Inc. (TILE), reported the sale of company stock in a Form 4 filing.
- On August 16, 2024, he sold 2,275 shares of common stock at a weighted average price of $17.51 per share.
- On August 19, 2024, he sold 3,170 shares of common stock at a weighted average price of $17.54 per share.
- Following these transactions, Hendrix directly owns 194,702 shares and indirectly owns 35,072 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock sales by a company director, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider and is a common occurrence.
Stakeholder Impact
- The stock sale by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Director Daniel T. Hendrix sold 2,275 shares of Interface Inc. stock. |
| 08/19/2024 | Director Daniel T. Hendrix sold 3,170 shares of Interface Inc. stock. |
| 08/20/2024 | Date of signature for the Form 4 filing. |
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