Factor Model (net +3.1)
Factor Model
net +3.1 5.7 / 10CFO forfeits 18,840 shares on missed performance targets
Watch: Watch for Q4 2025 or Q1 2026 earnings to understand what specific business targets were missed. If guidance cuts or margin pressure emerge, this forfeiture will have been an early red flag.
Tile Shop Holdings CFO Mark Burton Davis forfeited 18,840 shares of unvested performance-based restricted stock on February 27, 2026 after failing to meet performance conditions tied to those equity awards. The forfeiture shows the company's performance targets weren't achieved, though Davis retains 108,975 shares of common stock and 5,400 exercisable options — his core holding remains intact.
A failed performance trigger on equity awards suggests underlying business metrics missed their marks, raising questions about execution or market headwinds. While a single executive forfeiture isn't a smoking gun, it signals that near-term performance fell short of internal expectations.
Evidence
Fundamentals & Data ▾
Recent transactions
Get alerted when TILE changes direction
We'll email you when our AI detects a shift — reversals, insider clusters, filing red flags.