KENNEDY CHRISTOPHER G 4

What Happened
Christopher G. Kennedy, a director of Interface, disposed of 15,500 shares on March 5, 2026. The shares were valued at $28.43 each (average of the high and low price that day), for a total reported value of approximately $440,665. The transaction is reported under code "J" (other acquisition or disposition) and was executed as an asset swap rather than an open-market sale.

Key Details

• Transaction date and value: March 5, 2026 — 15,500 shares disposed at $28.43 each, total ~$440,665.
• Transaction type/code: Disposition via asset swap (SEC Form 4 code J).
• Shares owned after transaction: Not disclosed in the filing.
• Notable footnotes:
  • F1: Shares were disposed of in an asset swap and valued at the average of the high and low trading prices on March 5, 2026.
  • F2: A substantial number of the shares involved are unvested restricted stock units (RSUs) subject to forfeiture under certain circumstances.
• Filing timeliness: Form filed March 6, 2026 for a March 5 transaction — appears timely (no late filing noted).

Context
Because this was an asset swap and involved many unvested RSUs, the transaction differs from a straightforward open-market sale and may reflect administrative or tax-related structuring rather than a direct cash sell-off. Transactions coded "J" are miscellaneous acquisition/disposition events; they should be interpreted with care since they don't necessarily signal the insider's view of the company's prospects.