Hurd Laurel 4

What Happened
Laurel Hurd, President & CEO and a director of Interface, was granted 57,301 restricted stock units (RSUs) on January 27, 2026. The Form 4 reports an acquisition/award of 57,301 shares at $0.00 (typical for an equity grant rather than a market purchase); no cash changed hands in this grant.

Key Details

• Transaction date and price: 2026-01-27; 57,301 RSUs at $0.00 per share (award).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Vesting and forfeiture: footnote indicates RSUs vest ratably on the first three anniversaries of the grant date (F1); many of these shares are unvested performance shares and RSUs subject to forfeiture under certain conditions (F2).
• Filing timeliness: report filed on the same date (2026-01-27), indicating a timely filing; no 10b5-1 plan, tax-withholding, or late-filing notes were reported in the excerpt.

Context
RSU awards are common executive compensation/retention tools and do not represent open-market buying or selling. Vesting and performance conditions mean the shares are not immediately transferable and may be forfeited if targets or service requirements are not met. For retail investors, grants signal management alignment with shareholder interests but are not a direct cash-value purchase indicating personal bullishness.