Robert E. Shaw holds 15.8% of The Dixie Group (NASDAQ: DXYN) in amended 13G
Rhea-AI Filing Summary
The Dixie Group, Inc. ownership filing reports that Robert E. Shaw beneficially owns 2,199,444 shares of common stock, representing 15.8% of the class. The shares are held by the Anna Sue and Robert Shaw Foundation and are voted by Mr. Shaw.
The filing is an amendment to a Schedule 13G and includes Mr. Shaw's certification that the position is not held for the purpose of changing or influencing control.
Positive
- None.
Negative
- None.
Insights
Large passive stake disclosed with voting control via foundation.
The filing states 2,199,444 shares are beneficially owned, equal to 15.8% of the class as reported under Item 4. The excerpt specifies that shares are held by the Anna Sue and Robert Shaw Foundation and are voted by Mr. Shaw.
Because this is a Schedule 13G amendment, it indicates a passive reporting posture; the explicit certification says the position is not intended to change control. Subsequent filings would show any change in intent or voting behavior.
A visible large holder may influence perceptions despite passive status.
Holding 15.8% is a sizable ownership stake that market participants may monitor. The filing clarifies voting power is shared at 2,199,444 votes, with no sole voting or dispositive power reported.
Material changes would appear in later ownership amendments or different schedules if the holder changes intent; timing and any change are not provided in this excerpt.