4/A: Interface Inc. Executive Corrects Stock Transaction Reporting

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

Summary

• David B. Foshee, an officer of Interface Inc., filed an amended Form 4 with the SEC.
• The amendment, filed on February 4, 2025, corrects the number of shares withheld for taxes on a transaction that occurred on January 24, 2025.
• On January 24, 2025, 7,429 shares of common stock were disposed of at a price of $24.42.
• Following the transaction, Foshee beneficially owns 190,867 shares of Interface Inc.
• A substantial number of these shares are unvested performance shares and restricted stock units subject to forfeiture under certain circumstances.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing correcting a previous error, indicating a neutral sentiment.

Risks

• A substantial number of shares are unvested performance shares and restricted stock units subject to a risk of forfeiture under certain circumstances.

Industry Context

This filing is a routine disclosure related to insider trading activity and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders and the public.

Key Dates

Keywords

Form 4, amendment, stock transaction, Interface Inc, David B. Foshee, beneficial ownership, securities, TILE