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 open-market transactions on September 2, 2026.
• The sales produced proceeds of $297,040, reflecting a weighted average sale price of $37.13 per share. The trades occurred at prices ranging from $36.91 to $37.45 per share.
• This was a sale (disposition) of shares — commonly a routine liquidity event rather than a direct signal about company prospects.

Key Details

• Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04).
• Transaction type: Open market sale (Code S).
• Shares sold: 8,000; weighted average price: $37.13; gross proceeds: $297,040.
• Price range: $36.91 to $37.45 per share (report notes the sale was in multiple transactions).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The reporting person will provide, upon request, full details of the number of shares sold at each separate price within the stated range.
• Timeliness: Filing appears timely (transaction 9/2/2026; Form 4 filed 9/4/2026, within the typical two-business-day reporting window).

Context

• Sales by directors can be routine (portfolio diversification, tax/liquidity needs, or other personal reasons) and do not by themselves confirm management views on the company. Purchases generally carry more weight for signaling confidence. No 10b5-1 plan, option exercise, gift, or other special circumstances were disclosed in the excerpt provided.