{"schema_version":"secwatch.filing_event.v1","accession":"0000715787-21-000048","form_type":"8-K","ticker":"TILE","cik":"0000715787","company_name":"INTERFACE INC","filed_at":"2021-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.340291+00:00","generated_at":"2026-06-27T23:30:12.776454+00:00","sec_items":["5.02","8.01","1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Interface enters severance agreements with 3 execs, amends credit facility to replace LIBOR","bullets":["Entered into new severance agreements with EVP/Gen Counsel David Foshee, CEO Bruce Hausmann, and division president James Poppens, effective Dec 17, 2021.","Severance benefits include 12-month base salary plus target bonus for involuntary termination; 2x upon change in control.","Fourth Amendment to credit facility replaced LIBOR benchmark for GBP/EUR loans with €STR, EURIBOR, and SONIA plus 0.1193%.","Amendment also sets conforming changes and fallback provisions for future benchmark cessation."],"urls":{"canonical":"https://secwatch.observer/filing/0000715787-21-000048","json":"https://secwatch.observer/filing/0000715787-21-000048.json","markdown":"https://secwatch.observer/filing/0000715787-21-000048.md","text":"https://secwatch.observer/filing/0000715787-21-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/715787/000071578721000048/0000715787-21-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/715787/000071578721000048/tile-20211216.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T23:30:12.776454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}