TILE.NASDAQInterface INC

4/A: Interface Inc. Executive Amends Form 4 Filing to Correct Tax Withholding

Sentiment:

SEC Filing


David B. Foshee, Vice President/Secretary of Interface Inc., files an amended Form 4 to correct the number of shares withheld for taxes after a transaction on March 16, 2024.

Summary

  • David B. Foshee, an officer of Interface Inc., filed an amended Form 4 with the SEC.
  • The amendment corrects the number of shares withheld for taxes related to a transaction on March 16, 2024.
  • The transaction involved 8,641 shares of common stock, with a price of $15.14.
  • Following the transaction, Foshee beneficially owns 217,573 shares.
  • A substantial number of these shares are unvested restricted shares, performance shares, and restricted stock units subject to forfeiture.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing amendment, indicating a neutral sentiment. It corrects a previous error, which is a standard process.

Industry Context

Form 4 filings are a routine part of compliance for corporate insiders, providing transparency into their transactions in company stock. Amendments are sometimes necessary to correct errors or omissions in the original filings.

Key Dates

DateDescription
03/16/2024Date of the transaction involving common stock.
03/19/2024Date of original Form 4 filing.
03/25/2024Date of amended Form 4/A filing.

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