{
  "id": 5207969,
  "title": "Interface VP William Blackorby sells $110,807 in company stock",
  "url": "https://urgent.news/2026/09/03/interface-vp-william-blackorby-sells-110-807-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T00:15:49.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/interface-vp-william-blackorby-sells-110807-in-company-stock-93CH-4886897"
  },
  "original_language": "en",
  "account": "Interface Inc.'s Vice President, Chief Supply Chain Officer William Blackorby sold 2,826 shares of the company's common stock on August 19, 2026, for a total of $110,807. The transaction occurred at a price of $39.21 per share. As a result of this sale, Mr. Blackorby directly owns 40,786 Interface common shares, some of which are unvested restricted stock units. The sale took place amidst a significant increase in Interface's stock price, which has risen 38% over the past year, currently trading at $36.85. According to InvestingPro's analysis, the stock is believed to be undervalued relative to its Fair Value. Interface Inc. recently reported impressive Q2 2026 financial results, with adjusted earnings of $0.88 per share, surpassing expectations and revenue of $396 million, slightly exceeding analysts' consensus estimate. Management credited the growth to improvements across regions and product lines, operational efficiencies, and a one-time tariff refund. These developments have heightened investor and analyst interest, prompting Interface to raise its full-year outlook.",
  "summary": null,
  "key_points": [
    "Interface VP William Blackorby sold 2,826 shares at $39.21 per share on August 19, 2026",
    "Sale totaled $110,807, increasing his ownership to 40,786 Interface common shares",
    "Stock price up 38% year-over-year, currently $36.85, deemed undervalued by InvestingPro"
  ],
  "editors_take": "The sale of company stock by a high-ranking executive like William Blackorby may signal a loss of confidence in Interface's near-term prospects, despite recent financial successes and a rising stock price.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}