Interface (TILE) Director Daniel T. Hendrix Sells 8,000 Shares

What Happened Daniel T. Hendrix, a director of Interface, Inc. (TILE), sold 8,000 shares in an open-market transaction on September 2, 2026. The weighted-average sale price was $37.13 per share, resulting in gross proceeds of approximately $297,040. This was a sale (S), not a purchase.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-03 (appears timely).
• Shares sold: 8,000; weighted-average price: $37.13; total proceeds: ~$297,040.
• Price range: shares sold in multiple trades at $36.91 to $37.45 per share (footnote).
• Plan note: Transaction effected pursuant to a Rule 10b5-1 trading plan adopted June 3, 2026.
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing status: no late filing indicated in this report.

Context Sales executed under a Rule 10b5-1 plan are pre‑scheduled and often reflect pre-arranged disposition rather than a director’s immediate view of the company’s prospects. For retail investors, purchases typically signal stronger insider conviction than routine sales; this filing documents a planned disposition rather than an opportunistic buy.