Research Summary
AI-generated summary of this SEC filing
Interface (TILE) CFO Bruce Hausmann Sells 170 Shares
What Happened
- Bruce Andrew Hausmann, Vice President & Chief Financial Officer of Interface, sold 170 shares in an open-market transaction on August 26, 2026. The weighted-average sale price was $39.13, producing aggregate proceeds of $6,652. This was a sale (not a purchase or grant), which is often routine insider selling.
Key Details
- Transaction date: 2026-08-26; Filing date: 2026-08-28 (filed within the typical two‑business‑day Form 4 window).
- Transaction type/code: Open market sale (Code S).
- Price details: Weighted average $39.13; individual trades ranged from $39.00 to $39.24 per share (reporting person can provide the per‑trade breakdown on request) — Footnote F1.
- Aggregate value: $6,652.
- Shares owned after transaction: Not specified in the provided filing.
- Notable disclosure: Footnote F2 states a substantial number of the reporting person's shares are unvested restricted stock units subject to possible forfeiture.
Context
- This was a sale, which is typically considered routine insider liquidity rather than a direct signal of company prospects. The filing provides a price range because the shares were sold in multiple trades; no 10b5‑1 plan or tax‑withholding arrangement is disclosed in the provided details.