Dixie Group VP granted 18,056 restricted shares
DIXIE GROUP INC VP of Human Resources Daniel M. Phelan received an award of 18,056 shares of common stock on March 12, 2026.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $3 par value | 18,056 | $0.00 | $0.00 |
| holding | Common Stock, $3 par value | -- | -- | -- |
Footnotes (1)
- F1. Represents an award of restricted stock consisting of 9,000 shares of Career shares and 9,056 Long-Term Incentive Plan shares.
FAQ
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What did DIXIE GROUP INC (DXYN) VP Daniel Phelan report on this Form 4?
What stock options does the DIXIE GROUP INC (DXYN) VP hold after the reported transactions?
Was this DIXIE GROUP INC (DXYN) Form 4 a market buy or sell by the VP?
AI-generated analysis. How Rhea-AI works. Not financial advice.