Form 4: Interface Inc. Director Daniel T. Hendrix Sells Shares
SEC Form 4 Filing
Director Daniel T. Hendrix sold 3,403 shares of Interface Inc. common stock at $15.99 per share on August 5, 2024.
Summary
- On August 5, 2024, Daniel T. Hendrix, a director of Interface Inc., sold 3,403 shares of common stock.
- The sale price was $15.99 per share.
- Following the transaction, Hendrix directly owns 200,147 shares of Interface Inc. common stock.
- Hendrix also indirectly owns 35,072 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of a transaction by a company insider and doesn't necessarily indicate a broader trend within the flooring industry.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the director's motives.
Key Dates
| Date | Description |
|---|---|
| 08/05/2024 | Date of transaction: Sale of 3,403 shares of common stock. |
| 08/07/2024 | Date of signature by Attorney in Fact. |
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