Form 4: Interface Inc. Director Joseph Keough Acquires Shares Through Stock Incentive Plan
SEC Form 4
Director Joseph Keough acquired 6,480 shares of Interface Inc. common stock through a stock incentive plan on May 15, 2025.
Summary
- On May 15, 2025, Joseph Keough, a director of Interface Inc. (TILE), acquired 6,480 shares of common stock.
- The acquisition was part of the company's stock incentive plan.
- The shares were acquired at a price of $0.00.
- Following the transaction, Keough directly owns 63,565 shares of Interface Inc. common stock.
- The restricted stock units vest on the date of the 2026 annual meeting of shareholders.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, which is neither particularly positive nor negative.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
- The stock incentive plan aligns the interests of the director with those of the shareholders.
Future Outlook
The restricted stock units will vest on the date of the 2026 annual meeting of shareholders.
Industry Context
This is a standard Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider ownership.
- The stock incentive plan can motivate the director to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Joseph Keough acquired 6,480 shares of Interface Inc. common stock. |
| 05/16/2025 | Date of signature: David B. Foshee, Attorney in Fact, signed the Form 4 on behalf of Joseph Keough. |
| 2026 | Restricted stock units vest on the date of the 2026 annual meeting of shareholders. |
Keywords
Interface Inc, Director, Joseph Keough, Stock Incentive Plan, Beneficial Ownership, Form 4, TILE, Restricted Stock Units
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