A Form 4 filed on October 27, 2026 reported that Laurel Hurd, President and CEO of Interface Inc (NASDAQ:TILE), disposed of 7,000 shares of common stock on October 26, 2026 under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Laurel Hurd, President and CEO of Interface Inc, also listed as a Director
  • Transaction: Sale (transaction code S) of 7,000 shares of common stock on October 26, 2026
  • Price per share: $36.42
  • Post-transaction holdings: 492,978 shares of common stock beneficially owned directly following the reported transaction
  • 10b5-1 plan: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Hurd on May 12, 2026
  • Restricted stock note: According to the filing, "a substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances"

Interface CEO Hurd's October 2026 Share Disposition Under Scheduled Trading Plan

According to the Form 4 filed with the SEC on October 27, 2026, Laurel Hurd, who serves as both President and CEO and as a Director of Interface Inc (NASDAQ:TILE), disposed of 7,000 shares of the company's common stock on October 26, 2026. The filing reported the per-share price as $36.42, and the transaction was coded as a sale (S) of securities disposed of (D).

The filing disclosed that the transaction was carried out pursuant to a Rule 10b5-1 trading plan that Hurd adopted on May 12, 2026. Such plans allow corporate insiders to schedule securities transactions in advance under conditions intended to satisfy an affirmative defense under SEC Rule 10b5-1(c). The Form 4 header confirms this by checking the applicable box indicating the plan's existence.

Following the reported sale, the filing indicates Hurd directly holds 492,978 shares of Interface common stock. The filing includes a footnote noting that "a substantial number of such shares are unvested restricted stock units subject to a risk of forfeiture under certain circumstances." No derivative securities transactions were reported. The form was signed by David B. Foshee as Attorney in Fact on October 27, 2026.

What Was Disclosed

Interface Inc President and CEO Laurel Hurd reported the sale of 7,000 shares of common stock at $36.42 per share on October 26, 2026, executed under a Rule 10b5-1 plan adopted May 12, 2026, with 492,978 shares remaining directly held afterward.