Dixie Group (DXYN) CEO surrenders shares to cover tax withholding

Rhea-AI Filing Summary

DIXIE GROUP INC Chairman and CEO Daniel K. Frierson reported a routine tax-related share disposition. He surrendered 16,172 shares of common stock at $0.40 per share back to the company to cover income tax withholding on the vesting of restricted stock. After this transaction, he directly holds 121,247 common shares, and the filing does not show any open-market buying or selling activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider FRIERSON DANIEL K

Role Chairman of the Board & CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock, $3 par value	16,172	$0.40	$6K

Holdings After Transaction: Common Stock, $3 par value — 121,247 shares (Direct)

Footnotes (1)

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Key Figures

Shares surrendered for tax withholding: 16,172 shares Implied value per surrendered share: $0.40 per share Shares held after transaction: 121,247 shares

3 metrics

Shares surrendered for tax withholding 16,172 shares Common Stock, $3 par value; tax-withholding disposition

Implied value per surrendered share $0.40 per share Price used for tax-withholding disposition

Shares held after transaction 121,247 shares Direct ownership by Daniel K. Frierson following Form 4

Key Terms

restricted stock, income tax withholding, tax-withholding disposition, Form 4

4 terms

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"

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.

Form 4 financial

"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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

FRIERSON DANIEL K

(Last) (First) (Middle)

111 EAST AND WEST ROAD

(Street)

LOOKOUT MOUNTAIN GEORGIA 37350

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $3 par value	03/31/2026		F		16,172(1)	D	$0.4	121,247	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 Daniel K. Frierson	03/31/2026
	** Signature of Reporting Person	Date
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 in this Form 4?

DIXIE GROUP INC reported that Chairman and CEO Daniel K. Frierson surrendered 16,172 shares of common stock to the company. The shares were used to satisfy income tax withholding tied to the vesting of a restricted stock award.

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

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered to the company to cover income tax obligations from vesting restricted stock, rather than being sold on the public market.

How many DIXIE GROUP INC (DXYN) shares were surrendered for tax withholding?

Daniel K. Frierson surrendered 16,172 shares of DIXIE GROUP INC common stock. These shares were delivered back to the company at $0.40 per share to satisfy income tax withholding on the vesting of a restricted stock award.

How many DIXIE GROUP INC (DXYN) shares does Daniel K. Frierson hold after the Form 4 transaction?

Following the tax-withholding disposition, Daniel K. Frierson directly holds 121,247 shares of DIXIE GROUP INC common stock. This reflects his remaining direct ownership after surrendering shares to cover tax obligations on restricted stock vesting.

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

Transaction code “F” indicates shares were used to pay an exercise price or tax liability. In this case, 16,172 shares were surrendered to satisfy income tax withholding when a restricted stock award vested, rather than being sold in the open market.