Interface VP William Blackorby sells $110,807 in company stock

William Thomas Blackorby, VP, Chief Supply Chain Officer at Interface Inc. (NASDAQ:TILE), sold 2,826 shares of the company’s common stock on August 19, 2026, for a total value of $110,807.

The shares were disposed of at a price of $39.21 per share. Following this transaction, Mr. Blackorby directly beneficially owns 40,786 shares of Interface common stock. A substantial number of these shares are unvested restricted stock units, subject to a risk of forfeiture under certain circumstances.The sale comes after Interface shares have surged 38% over the past year, with the stock currently trading at $36.85. According to InvestingPro analysis, the stock remains undervalued relative to its Fair Value. The platform’s comprehensive Pro Research Report, available for Interface and 1,400+ US equities, provides deeper insights into the company’s strong momentum and financial health.

In other recent news, Interface Inc. reported strong financial results for the second quarter of 2026, surpassing analysts’ expectations. The company announced adjusted earnings of $0.88 per share, which exceeded the anticipated $0.64 per share. Additionally, revenue reached $396 million, slightly above the consensus estimate of $390.69 million. Management attributed the growth to broad-based improvements across regions and product lines, with operational efficiencies and a one-time tariff refund contributing to improved margins. Following these results, Interface raised its full-year outlook. These developments have caught the attention of investors and analysts alike. The company’s financial performance and positive outlook indicate a robust position in the market.