4/A: Interface Inc. Executive James Poppens Corrects Stock Transaction Filing
SEC Filing
James Poppens, Vice President of Interface Inc., files an amended Form 4 to correct the number of shares withheld for taxes on a transaction dated January 24, 2025.
Summary
- James Poppens, a Vice President at Interface Inc., filed an amended Form 4 with the SEC on February 4, 2025.
- The amendment corrects the number of shares withheld for taxes related to a transaction that occurred on January 24, 2025.
- On January 24, 2025, 9,354 common stock shares were disposed of at a price of $24.42.
- Following the reported transaction, Poppens beneficially owns 132,685 shares of Interface Inc. common stock.
- A substantial number of these shares are unvested performance shares and restricted stock units subject to forfeiture under certain circumstances.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.
Industry Context
This filing is a routine disclosure related to insider trading activity, which is common for publicly traded companies. It provides transparency into the transactions of company executives.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 01/24/2025 | Date of the stock transaction (disposal of shares). |
| 01/28/2025 | Date of original filing (amended on 02/04/2025). |
| 02/04/2025 | Date of the amended Form 4/A filing. |
Keywords
Form 4, amendment, stock transaction, Interface Inc, James Poppens, beneficial ownership, securities, TILE
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