Hausmann Bruce Andrew 4
4 · INTERFACE INC · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Interface (TILE) VP & CFO Bruce Hausmann Sells 50,000 Shares
What Happened Bruce Andrew Hausmann, Vice President and Chief Financial Officer of Interface, Inc. (TILE), sold 50,000 shares in an open-market transaction on May 27, 2026. The shares were sold for a weighted-average price of $29.66 per share, generating proceeds of approximately $1,483,000. The sales occurred in multiple trades at prices ranging from $29.51 to $29.97 per share.
Key Details
- Transaction type: Sale (open-market), code S
- Transaction date: 2026-05-27
- Shares sold: 50,000 at a weighted-average price of $29.66; total proceeds ≈ $1,483,000
- Price range: $29.51 to $29.97 per share (multiple transactions); reporting person can provide per-price breakdown on request (Footnote F1)
- Shares owned after transaction: Not specified in the provided report
- Notable footnote: A substantial number of shares reported as owned are unvested restricted stock units subject to forfeiture under certain circumstances (Footnote F2)
- Filing timeliness: Report filed 2026-05-29 for a 2026-05-27 transaction (filed within the typical two-business-day window)
Context This was a sale (a disposition of shares), which is generally considered routine and does not itself indicate the insider’s view on company prospects. Retail investors often regard purchases as stronger signals of insider conviction; sales can reflect many reasons (liquidity, diversification, taxes, planned transactions), so avoid inferring motive from this single filing.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-05-27$29.66/sh−50,000$1,483,000→ 119,256 total
Footnotes (2)
- [F1]Reflects a weighted average sale price of $29.66. The shares were sold in multiple transactions at prices ranging from $29.51 to $29.97 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
- [F2]A substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances.