Pridgen Robert 4

What Happened
Robert Pridgen, Chief Accounting Officer of Interface, had 716 shares disposed on February 24, 2026 to satisfy a tax withholding obligation. The shares were recorded at $31.50 per share for a total of $22,554. This disposition is a routine tax-withholding event (transaction code F), not an open-market purchase.

Key Details

• Transaction date: 2026-02-24; price: $31.50; shares disposed: 716; total value: $22,554.
• Transaction code F = payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
• Form 4 filed: 2026-02-26 (two days after the transaction), appearing timely based on standard reporting rules.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote: F1 notes a substantial number of such shares are unvested performance shares and restricted stock units subject to forfeiture.

Context
Tax-withholding dispositions are common when equity awards vest or options are exercised; they usually reflect the company or broker withholding/surrendering shares to cover tax obligations rather than an insider selling shares for cash. The filing’s footnote indicates many underlying awards remain subject to forfeiture, which is important context for understanding the nature of the shares involved.