Dixie Group (DXYN) CEO granted Class B and common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DIXIE GROUP INC Chairman and CEO Daniel K. Frierson received equity awards in both Class B and common stock. He was granted 32,890 restricted shares of Class B Common Stock and 32,891 restricted shares of Common Stock at no purchase price, described as Career Shares and Long-Term Incentive Plan shares.
After these awards, he directly holds 697,056 shares of Class B Common Stock and 137,419 shares of Common Stock, plus indirect Class B holdings through his spouse and as trustee. He also has employee stock options covering 60,000 shares at an exercise price of $1.00 per share, expiring in 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
FRIERSON DANIEL K
Role
Chairman of the Board & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Common Stock, $3 par value | 32,890 | $0.00 | -- |
| Grant/Award | Common Stock, $3 par value | 32,891 | $0.00 | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Class B Common Stock, $3 par value | -- | -- | -- |
| holding | Class B Common Stock, $3 par value | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock, $3 par value — 697,056 shares (Direct);
Common Stock, $3 par value — 137,419 shares (Direct);
Employee Stock Option (right to buy) — 60,000 shares (Direct);
Class B Common Stock, $3 par value — 94,879 shares (Indirect, by Spouse)
Footnotes (1)
- Represents an award of restricted stock consisting of 12,500 Career Shares of Class B Common Stock and 20,390 Long-Term Incentive Plan shares of Class B Common Stock. Represents an award of restricted stock consisting of 12,500 Career Shares of Common Stock and 20,391 Long-Term Incentive Plan shares of Common Stock.
FAQ
What insider transaction did DIXIE GROUP INC (DXYN) report for Daniel K. Frierson?
DIXIE GROUP INC reported that Chairman and CEO Daniel K. Frierson received equity compensation grants. He was awarded 32,890 restricted Class B Common shares and 32,891 restricted Common shares, consisting of Career Shares and Long-Term Incentive Plan shares with no cash purchase price.
What common stock award did the DIXIE GROUP INC (DXYN) CEO receive?
He received 32,891 restricted shares of Common Stock. The award consists of 12,500 Career Shares and 20,391 Long-Term Incentive Plan shares, granted at no purchase price as part of his equity-based compensation package.
What stock options does the DIXIE GROUP INC CEO hold according to this Form 4?
He holds employee stock options with a right to buy 60,000 underlying shares at an exercise price of $1.00 per share. These options are direct holdings and are scheduled to expire on May 25, 2028, if not exercised earlier.
Does the DIXIE GROUP INC Form 4 show any insider stock sales by the CEO?
The Form 4 shows only stock awards and holdings for Daniel K. Frierson, with no reported sales. The transactions coded as "A" represent grants or awards of restricted stock, not open-market purchases or disposals of existing shares.