STOCK TITAN

DIXIE GROUP (DXYN) EVP uses 4,383 shares to cover restricted stock taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DIXIE GROUP INC Executive Vice President Thomas Martin Nuckols reported a routine tax-withholding share disposition related to equity compensation. On this Form 4, 4,383 shares of common stock at a stated value of $0.40 per share were surrendered to the company to cover income tax withholding on the vesting of a restricted stock award. After this non-market transaction, he holds 180,158 shares of common stock directly.

Positive

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Insider Nuckols Thomas Martin
Role Executive Vice President
Type Security Shares Price Value
Tax Withholding Common Stock, $3 par value 4,383 $0.40 $2K
Holdings After Transaction: Common Stock, $3 par value — 180,158 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares surrendered for taxes 4,383 shares Tax-withholding disposition on restricted stock vesting
Stated share value $0.40 per share Value used for tax-withholding disposition
Post-transaction holdings 180,158 shares Common stock directly owned after disposition
Security description Common Stock, $3 par value Class of securities involved in Form 4
restricted stock financial
"with respect to vesting of an outstanding award of restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
income tax withholding requirements financial
"surrendered to Company to satisfy income tax withholding requirements"
Common Stock, $3 par value financial
"security_title": "Common Stock, $3 par value""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Nuckols Thomas Martin

(Last)(First)(Middle)
475 REED ROAD

(Street)
DALTON GEORGIA 30720

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DIXIE GROUP INC [ DXYN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, $3 par value03/31/2026F4,383(1)D$0.4180,158D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock.
Remarks:
/s/ John F. Henry, Jr., by Power of Attorney for Thomas Martin Nuckols03/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did DIXIE GROUP INC (DXYN) report for Thomas Martin Nuckols?

DIXIE GROUP INC reported that Executive Vice President Thomas Martin Nuckols surrendered 4,383 common shares to the company. This was a tax-withholding disposition tied to the vesting of a restricted stock award, not an open-market sale of shares.

Was the DXYN insider transaction an open-market sale of stock?

No, the DXYN insider transaction was not an open-market sale. The 4,383 shares were surrendered back to the company to satisfy income tax withholding requirements from restricted stock vesting, a routine compensation-related event rather than a discretionary stock sale.

How many DIXIE GROUP INC shares does Thomas Martin Nuckols hold after this Form 4?

After the reported tax-withholding disposition, Thomas Martin Nuckols directly holds 180,158 shares of DIXIE GROUP INC common stock. This figure reflects his position following the surrender of 4,383 shares to cover income taxes on a restricted stock award.

What does transaction code F mean in the DXYN Form 4 filing?

Transaction code F in the DXYN Form 4 indicates shares were used to pay an exercise price or tax liability. Here, 4,383 shares of common stock were surrendered to satisfy income tax withholding linked to the vesting of a restricted stock award, not sold in the market.

What role does Thomas Martin Nuckols hold at DIXIE GROUP INC (DXYN)?

Thomas Martin Nuckols serves as Executive Vice President at DIXIE GROUP INC. His Form 4 filing reflects a compensation-related share surrender for tax withholding on restricted stock vesting, while he continues to directly own 180,158 shares of the company’s common stock.