Poppens James 4
Research Summary
AI-generated summary
Interface (TILE) VP James Poppens Sells 8,000 Shares
What Happened
- James Poppens, Vice President of Interface, Inc. (TILE), disposed of 8,000 shares on March 6, 2026 in an open-market sale for a total of approximately $224,400. The weighted average sale price was $28.05 per share.
Key Details
- Transaction date: March 6, 2026
- Shares sold: 8,000
- Price: weighted average $28.05; individual trades ranged $28.00 to $28.18 per share (reporting person can provide per-price breakdown on request) [F1]
- Total proceeds: ~$224,400
- Shares owned after transaction: not specified in the provided filing
- Notable footnote: the filing notes a substantial number of such shares are unvested restricted stock units subject to possible forfeiture [F2]
- No late filing was indicated in the information provided
Context
- This was a sale (disposition) rather than a purchase or option exercise. Sales by insiders can be routine (tax planning, diversification, pre-set trading plans) and do not, by themselves, prove a change in company outlook. The filing provides factual trade details without stating a motive.