INTERFACE INC·4

Feb 26, 4:12 PM ET

Hurd Laurel 4

Research Summary

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Interface (TILE) CEO Laurel Hurd Withholds 9,753 Shares for Taxes

What Happened

  • Laurel Hurd, President & CEO and Director of Interface, surrendered/withheld 9,753 shares to satisfy a tax liability (transaction code F). The shares were recorded at $31.50 per share for a total value of $307,220. This was a tax-withholding disposition rather than an open-market sale.

Key Details

  • Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within typical Form 4 reporting window).
  • Price: $31.50 per share; Shares withheld/disposed: 9,753; Total value: $307,220.
  • Transaction code: F — payment of exercise price or tax liability (withholding of shares to cover taxes).
  • Shares owned after the transaction: not specified in the provided filing details.
  • Footnote: F1 — a substantial number of these shares are unvested performance shares and restricted stock units subject to forfeiture under certain circumstances.

Context

  • This was a tax-withholding action (common when awards vest or options are exercised) rather than an intentional open-market sale; such withholdings are routine and do not necessarily indicate a change in the insider’s view of the company.