DIXIE GROUP director granted 8,000 restricted shares
Blue William F JR reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Blue William F JR reported acquisition or exercise transactions in this Form 4 filing.
DIXIE GROUP INC director William F. Blue Jr. received an award of 8,000 shares of common stock at $0.36 per share. This restricted stock grant represents the equity portion of his non-employee director annual retainer and is compensation, not an open-market purchase or sale.
Following this award, he directly holds 81,571 shares of common stock. The restricted stock vests five days after next year's annual meeting of shareholders, meaning he must remain in his board role through that time to fully earn the shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $3 par value | 8,000 | $0.36 | $3K |
Footnotes (1)
- F1. Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders.
Key Figures
Key Terms
Restricted Stock financial
non-employee director financial
annual retainer financial
FAQ
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What insider transaction did DIXIE GROUP INC (DXYN) report for William F. Blue Jr.?
What is the vesting schedule for the DIXIE GROUP INC (DXYN) restricted stock award?
Is the DIXIE GROUP INC (DXYN) Form 4 transaction a market buy or sell?
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