Marcus Catherine 4
Research Summary
AI-generated summary
Interface (TILE) Director Marcus Catherine Receives 4,461-Share Award
What Happened
- Marcus Catherine, a director of Interface, was granted 4,461 restricted stock units (RSUs) on 2026-05-19. The award was recorded at $0.00 per share (standard for RSU grants at issuance), total reported value $0. These RSUs are an equity award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-19; Form 4 filed: 2026-05-20 (filed timely within required window).
- Grant type/code: A (award/grant) — 4,461 RSUs granted at $0.00.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: RSUs granted under the company’s stock incentive plan; vest on the date of the 2027 annual meeting of shareholders (per F1).
Context
- RSUs are restricted awards that convert to shares only upon vesting; they do not represent immediately tradable stock and generally reflect compensation rather than open-market investment. This transaction is a grant, not a purchase or sale, and does not by itself indicate insider buying/selling sentiment.