other material
confidence high
sentiment neutral
materiality 0.50
Interface amends executive bonus plan, raising max annual payout to $3M from $1.85M
INTERFACE INC
- Max annual bonus per participant increased to $3.0M from $1.85M.
- Participants terminated for cause before March 15 of following year forfeit bonus even if employed entire performance period.
- Effective June 2, 2026, approved by Compensation & Talent Development Committee.
- Plan remains designed to comply with Section 162(m) for qualified performance-based compensation.