4/A: Interface Inc. Executive Hausmann Corrects Stock Transaction Details in Amended SEC Filing
SEC Filing (Form 4/A)
Bruce Andrew Hausmann, VP & CFO of Interface Inc., files an amended Form 4 to correct the number of shares withheld for taxes in a recent transaction.
Summary
- Bruce Andrew Hausmann, VP & CFO of Interface Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares withheld for taxes on a transaction that occurred on February 26, 2024.
- On February 26, 2024, 17,078 shares of common stock were disposed of at a price of $13.24.
- Following the transaction, Hausmann beneficially owns 272,306 shares of Interface Inc. common stock.
- 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 correcting a minor error, suggesting a neutral to slightly positive sentiment as it reflects attention to detail and compliance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The correction of the filing ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of the stock transaction (disposal of shares). |
| 02/28/2024 | Date of original Form 4 filing. |
| 01/03/2025 | Date of signature on the amended Form 4/A. |
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