STOCK TITAN

Dixie Group (DXYN) VP awarded 18,056 restricted shares and holds options

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

Rhea-AI Filing Summary

DIXIE GROUP INC VP of Human Resources Daniel M. Phelan received an award of 18,056 shares of common stock on March 12, 2026. The shares were granted as restricted stock, consisting of 9,000 Career shares and 9,056 Long-Term Incentive Plan shares, at no cash cost.

Following the grant, Phelan directly holds 39,972 shares of common stock. He also holds an employee stock option covering 8,000 shares of common stock at an exercise price of $1.0000 per share, expiring on May 25, 2028.

Positive

  • None.

Negative

  • None.

Insights

Routine equity grant increases VP’s direct stake and maintains option upside.

The transaction is a compensation-related award, not an open-market trade. Daniel M. Phelan received 18,056 restricted shares at no purchase price, split between Career and Long-Term Incentive Plan components, which aligns his interests more closely with common shareholders.

After the grant, he directly owns 39,972 common shares and retains an employee stock option for 8,000 shares at an exercise price of $1.0000 expiring on May 25, 2028. This mix of restricted stock and options provides both current ownership and potential future upside, but represents a routine incentive structure rather than a directional market bet.

Insider Phelan Daniel M
Role VP Human Resources
Type Security Shares Price Value
Grant/Award Common Stock, $3 par value 18,056 $0.00 --
holding Common Stock, $3 par value -- -- --
Holdings After Transaction: Common Stock, $3 par value — 39,972 shares (Direct)
Footnotes (1)
  1. [object Object]
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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*
Phelan Daniel M

(Last) (First) (Middle)
475 REED ROAD
P O BOX 2007

(Street)
DALTON GA 30722

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DIXIE GROUP INC [ DXYN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP Human Resources
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/12/2026 A 18,056(1) A $0 39,972 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
Common Stock, $3 par value $1 05/25/2025 05/25/2028 Employee Stock Option (right to buy) 8,000 8,000 D
Explanation of Responses:
1. Represents an award of restricted stock consisting of 9,000 shares of Career shares and 9,056 Long-Term Incentive Plan shares.
Remarks:
/s/ John F. Henry, Jr., by Power of Attorney for Daniel M. Phelan 03/13/2026
** 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.

FAQ

What did DIXIE GROUP INC (DXYN) VP Daniel Phelan report on this Form 4?

Daniel M. Phelan reported receiving an award of 18,056 shares of DIXIE GROUP INC common stock. The grant is in the form of restricted stock, issued at no cash cost as part of his compensation, increasing his direct ownership in the company.

How many DIXIE GROUP INC (DXYN) shares did the VP receive and on what date?

He received 18,056 shares of common stock on March 12, 2026. These were granted as restricted stock under company incentive plans, rather than purchased on the open market, reflecting an equity-based compensation award instead of a trading decision.

What types of restricted shares were granted to the DIXIE GROUP INC (DXYN) executive?

The award consists of 9,000 Career shares and 9,056 Long-Term Incentive Plan shares. Both components are restricted stock grants, meaning they typically vest over time or based on conditions, aligning the executive’s incentives with longer-term company performance.

How many DIXIE GROUP INC (DXYN) shares does Daniel Phelan own after this grant?

Following the restricted stock award, Daniel M. Phelan directly holds 39,972 shares of DIXIE GROUP INC common stock. This figure reflects his updated ownership position after the 18,056-share grant reported in the Form 4 filing.

What stock options does the DIXIE GROUP INC (DXYN) VP hold after the reported transactions?

He holds an employee stock option tied to 8,000 underlying shares of common stock. The option has an exercise price of $1.0000 per share and an expiration date of May 25, 2028, providing additional potential equity exposure if exercised before expiration.

Was this DIXIE GROUP INC (DXYN) Form 4 a market buy or sell by the VP?

The filing reports a grant of restricted stock, not a market buy or sell. Shares were acquired through a compensation award at zero price, so the transaction reflects incentive-based equity compensation rather than an open-market trading decision by the executive.