Company Overview - Interface Inc. is a global supplier of modular flooring solutions, including carpet tiles, resilient flooring, rubber flooring, and luxury vinyl tile, along with installation systems and antimicrobial compounds [8][9] - The company generates revenue through direct sales to end-users, independent distributors, and online channels, complemented by project management and maintenance services [8] - Interface serves various commercial sectors, including offices, healthcare, education, hospitality, and retail, with a presence in North America, Europe, and Asia-Pacific [9] Financial Metrics - The company's market capitalization is $1.49 billion [5] - Revenue for the trailing twelve months (TTM) is reported at $1.39 billion [5] - Net income for the TTM stands at $116.10 million [5] Recent Transaction - On March 6, 2026, Vice President James Poppens sold 8,000 shares of common stock at an average price of $28.05 per share, totaling approximately $224,400 [1][2] - Post-transaction, Poppens holds 103,846 shares directly, valued at approximately $2.9 million based on the market close on the same day [2] - The sale represents 7.15% of Poppens's pre-transaction holdings of 111,846 shares [7] Market Performance - The stock was up around 38% year over year on the day of the sale, having peaked at an intraday high of $35.11 on February 9, 2026 [10] - Following the sale, the stock has cooled to a 26% gain [10] - The transaction size is smaller compared to Poppens's recent median sell size of 14,350 shares per trade, indicating a reduced share base due to prior sales [4][7]
Interface VP's Well-Timed Trim Is Worth a Closer Look