STOCK TITAN

DIXIE GROUP (DXYN) CFO surrenders 3,189 shares to cover tax withholding

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

Rhea-AI Filing Summary

DIXIE GROUP INC Chief Financial Officer Allen L. Danzey reported a routine tax-related share disposition. On the vesting of a restricted stock award, 3,189 shares of common stock at a value of $0.40 per share were surrendered to the company to cover income tax withholding.

These shares were not sold on the open market but withheld for taxes. After this transaction, Danzey holds 106,182 shares of DIXIE GROUP INC common stock directly.

Positive

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Insider Danzey Allen L
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Common Stock, $3 par value 3,189 $0.40 $1K
Holdings After Transaction: Common Stock, $3 par value — 106,182 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares surrendered for taxes 3,189 shares Tax-withholding disposition on restricted stock vesting
Per-share value used $0.40 per share Value applied to surrendered shares
Shares held after transaction 106,182 shares Direct holdings after tax-withholding event
Security par value $3 par value Common stock class involved in transaction
restricted stock financial
"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 financial
"satisfy income tax withholding requirements with respect to vesting"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's 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.
Common Stock, $3 par value financial
"security_title": "Common Stock, $3 par value""
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*
Danzey Allen L

(Last)(First)(Middle)
PO BOX 2007

(Street)
DALTON GEORGIA 30722-2007

(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)
Chief Financial Officer
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 value03/31/2026F3,189(1)D$0.4106,182D
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 Allen L. Danzey03/31/2026
** 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 its CFO?

DIXIE GROUP INC reported that CFO Allen L. Danzey surrendered 3,189 shares of common stock to the company. The shares covered income tax withholding arising from the vesting of a restricted stock award, rather than an open-market sale of shares.

Was the DIXIE GROUP INC (DXYN) CFO’s Form 4 transaction an open-market sale?

No, the CFO’s transaction was not an open-market sale. The 3,189 shares were surrendered back to the company to satisfy income tax withholding on vested restricted stock, a routine compensation-related event rather than a discretionary sale in the market.

How many DIXIE GROUP INC (DXYN) shares does the CFO hold after this Form 4?

After the tax-withholding disposition, CFO Allen L. Danzey directly holds 106,182 shares of DIXIE GROUP INC common stock. This figure reflects his position following the surrender of 3,189 shares to cover income tax obligations on a restricted stock vesting.

What does transaction code F mean on the DIXIE GROUP INC (DXYN) Form 4?

Transaction code F indicates a payment of exercise price or tax liability by delivering securities. In this case, 3,189 DIXIE GROUP INC shares were surrendered to satisfy income tax withholding on vested restricted stock, not sold in an open-market transaction.

What type of security was involved in the DIXIE GROUP INC (DXYN) CFO transaction?

The transaction involved DIXIE GROUP INC common stock with a $3 par value. These shares were tied to an outstanding restricted stock award that vested, triggering income tax withholding satisfied by surrendering 3,189 shares back to the company.