Keough Joseph 4
4 · INTERFACE INC · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Interface (TILE) Director Joseph Keough Receives RSU Award
What Happened
Joseph Keough, a director of Interface, was granted 4,461 restricted stock units (RSUs) on May 19, 2026. The Form 4 reports an acquisition price of $0.00 per unit (no cash paid at grant). This is an award/compensation grant (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: May 19, 2026; Form 4 filed May 20, 2026 (appears timely).
- Reported price: $0.00 per RSU; total reported cash outlay: $0.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: F1 — RSUs granted under the company’s stock incentive plan, vesting on the date of the 2027 annual meeting of shareholders.
- Transaction type: Award/Grant (A); no immediate sale reported.
Context
RSUs are a form of compensation that convert into shares only after vesting; they do not represent immediate purchases or sales. Such grants are common for director and executive compensation and are primarily retention/compensation actions rather than direct signals of insider buying or selling. Investors may watch for the vesting date and any subsequent sale filings to see if shares are later sold.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-19+4,461→ 61,126 total
Footnotes (1)
- [F1]Restricted stock units granted under the Company's stock incentive plan, vesting on the date of the 2027 annual meeting of shareholders.