Poppens James 4
Research Summary
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Interface (TILE) VP James Poppens Surrenders 2,413 Shares
What Happened James Poppens, Vice President of Interface, surrendered 2,413 shares on Feb 24, 2026 to satisfy a tax obligation tied to equity (transaction code F). The shares were valued at $31.50 each, for a total of $76,010. This was a disposition to cover withholding/tax liability rather than an open-market sale.
Key Details
- Transaction date and price: 2026-02-24 at $31.50 per share.
- Shares disposed: 2,413; total value: $76,010.
- Transaction type/code: F — payment of exercise price or tax liability (share withholding).
- Shares owned after transaction: not disclosed in the provided filing summary.
- Filing: Form 4 filed 2026-02-26 (timely — filed within the normal two-business-day window).
- Footnote: F1 notes a substantial number of the shares are unvested performance shares and restricted stock units subject to forfeiture under certain circumstances.
Context This was a routine tax-withholding disposition commonly used when equity awards vest or are exercised; the company typically withholds or accepts surrendered shares to cover withholding taxes. Such transactions are administrative and do not necessarily signal the insider’s view on the company’s prospects.