Form 4: Interface Inc. Executive Reports Stock Transactions
SEC Form 4 Filing
Robert Pridgen, Chief Accounting Officer of Interface Inc., reports acquisition and disposal of common stock and derivative securities.
Summary
- On February 26, 2024, Robert Pridgen, the Chief Accounting Officer of Interface Inc., reported transactions involving the company's common stock.
- Pridgen acquired 6,215 shares of common stock, 661 performance shares, and 2,031 performance shares at $0.00.
- Pridgen disposed of 1,607 shares at $13.24.
- Following these transactions, Pridgen beneficially owns 26,160 shares of Interface Inc. common stock.
- The reported transactions include restricted stock units, performance shares, and restricted stock units subject to forfeiture under certain circumstances.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an officer. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard SEC Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency to the market regarding insider transactions.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key officer, providing transparency into insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of earliest transaction and all reported transactions. |
| 02/28/2024 | Date of signature by Attorney in Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.