---
schema_version: "secwatch.filing_event.v1"
accession: "0000715787-22-000013"
form_type: "8-K/A"
ticker: "TILE"
cik: "0000715787"
company_name: "INTERFACE INC"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:54:43.755636+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Interface CEO Laurel Hurd enters severance agreement with 24-month coverage

## Summary
- Severance: 24 months of current salary plus target annual bonus if terminated without cause or for good reason.
- Good reason triggers include material reduction in duties, 5%+ pay cut, or relocation outside metro Atlanta.
- Prorated bonus for year of termination; COBRA subsidy for 24 months; stock awards may accelerate.
- Payments conditioned on signing release, compliance with restrictive covenants, and cooperation.
- Rolling two-year term, auto-renewing daily; expires on CEO's 63rd birthday.

## SEC filing metadata
- accession: 0000715787-22-000013
- form_type: 8-K/A
- ticker: TILE
- cik: 0000715787
- company_name: INTERFACE INC
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715787/000071578722000013/0000715787-22-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715787/000071578722000013/tile-20220418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715787-22-000013
- JSON: https://secwatch.observer/filing/0000715787-22-000013.json
- Plain text: https://secwatch.observer/filing/0000715787-22-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.