Pridgen Robert 4
Research Summary
AI-generated summary
Interface (TILE) CAO Robert Pridgen Receives Award
What Happened
- Robert Pridgen, Chief Accounting Officer of Interface, was granted 3,498 restricted stock units (RSUs) on 2026-01-27. The Form 4 reports the acquisition as an award at a $0 acquisition price (typical for RSU grants). No immediate cash transaction or open-market purchase/sale occurred.
Key Details
- Transaction date: 2026-01-27; Transaction type: A (award/grant).
- Shares/units granted: 3,498 RSUs; reported acquisition price: $0.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 — RSUs vest ratably on the first three anniversaries of the grant date. F2 — many of these shares are unvested performance shares/RSUs and are subject to forfeiture under certain conditions.
- Filing timeliness: Reported and filed for the period 2026-01-27 (no late filing indicated).
Context
- RSU grants are a form of compensation, not an open-market purchase or sale; they typically vest over time and may be forfeited if vesting conditions or performance targets aren’t met. Such grants are common in executive pay packages and do not, by themselves, indicate a near-term trading signal.