|4Feb 26, 4:12 PM ET

Foshee David B 4

Research Summary

AI-generated summary

Updated

Interface (TILE) VP David Foshee Sells 1,747 Shares for Taxes

What Happened

David B. Foshee, Vice President and Secretary of Interface, disposed of 1,747 shares on February 24, 2026 to satisfy a tax withholding obligation. The shares were valued at $31.50 each, for a total of $55,031. This was a withholding/disposition to cover taxes (transaction code F), not an open-market purchase.

Key Details

  • Transaction date: 2026-02-24; SEC filing date: 2026-02-26.
  • Price per share: $31.50; total value of disposed shares: $55,031.
  • Transaction type/code: F — payment of exercise price or tax liability (tax withholding).
  • Shares owned after the transaction: not specified in this filing.
  • Footnote: A substantial number of such shares are unvested performance shares and restricted stock units subject to forfeiture under certain circumstances (F1).
  • Filing timeliness: Filed two days after the transaction; the filing does not indicate a late report.

Context

This was a tax-withholding disposition tied to equity compensation (likely withholding of vested award shares or RSUs), which is a routine administrative transaction and does not by itself signal a change in the insider’s view of the company. For retail investors, outright purchases typically carry more direct informational weight than routine tax withholdings.