Poppens James 4

What Happened

• James Poppens, Vice President of Interface, received a grant of 13,131 restricted stock units (RSUs) on 2026-01-27. The reported acquisition price is $0.00 and total cash value in the filing is shown as $0 (these are compensation awards, not a cash purchase).
• This is an award (transaction code A) rather than a market purchase or sale; such grants are typically part of executive compensation and vest over time rather than representing an immediate cash investment or disposition.

Key Details

• Transaction date: 2026-01-27; Price per share reported: $0.00; Shares granted: 13,131.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnotes: F1 — RSUs granted under the company’s stock incentive plan vest ratably on the first three anniversaries of the grant date. F2 — Many of these shares are unvested performance shares and RSUs subject to forfeiture under certain conditions.
• Filing timeliness: No late filing flag indicated in the provided data.

Context

• RSU grants are a form of compensation that typically vest over time or upon achievement of performance goals; they do not indicate an immediate purchase or sale by the insider.
• Because these units are largely unvested and subject to forfeiture/performance conditions, they do not immediately increase the insider’s transferable ownership and should be viewed primarily as compensation-related rather than an immediate directional insider trade.