secwatch.observer — SEC 8-K summary
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Issuer:     INTERFACE INC (TILE)
CIK:        0000715787
Form:       8-K
Filed at:   2026-06-04T20:11:55+00:00
Accession:  0000715787-26-000017
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interface amends executive bonus plan, raising max annual payout to $3M from $1.85M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715787/000071578726000017/0000715787-26-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715787/000071578726000017/tile-20260602.htm
  HTML page:      https://secwatch.observer/filing/0000715787-26-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer