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

Director Daniel T. Hendrix of Interface Inc. executed sales of common stock on July 5th and July 8th, 2024.

Summary

• Daniel T. Hendrix, a director at Interface Inc., sold shares of the company's common stock.
• On July 5, 2024, he sold 10,347 shares at a weighted average price of $14.43.
• These shares were sold in multiple transactions with prices ranging from $14.28 to $14.76 per share.
• On July 8, 2024, he sold an additional 2,153 shares at a weighted average price of $14.67.
• These shares were sold in multiple transactions with prices ranging from $14.60 to $14.79 per share.
• Following these transactions, Hendrix directly owns 246,147 shares and indirectly owns 35,072 shares through a trust.

Sentiment

Score: 5

Explanation: This is a neutral report on stock sales by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a standard Form 4 filing, indicating a change in beneficial ownership by a company insider. It's common for directors to periodically sell shares for personal financial management.

Stakeholder Impact

• The stock sales by a director could have a minor impact on shareholder sentiment, but the volume of shares sold is unlikely to significantly affect the stock price.

Key Dates