Short answer
INTERFACE INC (TILE) filed an 8-K current report with the SEC on June 4, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Maximum annual executive bonus increased from $1.85 million to $3.0 million.
INTERFACE INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Maximum annual executive bonus increased from $1.85 million to $3.0 million
- Higher incentive ceiling raises potential compensation expense and executive retention leverage
- Cause termination by March 15 forfeits the prior performance-period bonus
- Amendment approved June 2, 2026 by the Compensation & Talent Development Committee
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