4/A: Interface Inc. Executive Amends Form 4 Filing to Correct Tax Withholding
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
| Date | Description |
|---|---|
| 03/16/2024 | Date of the transaction involving common stock. |
| 03/19/2024 | Date of original Form 4 filing. |
| 03/25/2024 | Date of amended Form 4/A filing. |
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