Daniel T. Hendrix - Aug 23, 2024 Form 4 Insider Report for INTERFACE INC (TILE)

Role
Director
Signature
/s/ David B. Foshee, Attorney in Fact
Stock symbol
TILE
Transactions as of
Aug 23, 2024
Transactions value $
-$361,400
Form type
4
Date filed
8/26/2024, 04:39 PM
Previous filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TILE Common Stock Sale -$361K -20K -10.46% $18.07 171K Aug 23, 2024 Direct F1
holding TILE Common Stock 35.1K Aug 23, 2024 By trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Reflects a weighted average sale price of $18.07. The shares were sold in multiple transactions at prices ranging from $18.00 to $18.18 per share, inclusive. The reporting person will provide to Interface, Inc., any security holder of Interface, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.