DIXIE GROUP (DXYN) director receives 8,000-share restricted stock retainer award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Murray Hilda S reported acquisition or exercise transactions in this Form 4 filing.
DIXIE GROUP INC director Hilda S. Murray received a stock grant as part of her board compensation. She was awarded 8,000 shares of common stock at a reference value of $0.36 per share as the equity portion of her annual retainer for serving as a non-employee director.
The award consists of restricted stock that will vest five days after next year’s annual meeting of shareholders. Following this grant, she directly holds 73,341 shares of DIXIE GROUP INC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Murray Hilda S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $3 par value | 8,000 | $0.36 | $3K |
Holdings After Transaction:
Common Stock, $3 par value — 73,341 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 8,000 shares
Grant value per share: $0.36 per share
Post-grant holdings: 73,341 shares
3 metrics
Restricted stock grant
8,000 shares
Equity portion of non-employee director annual retainer
Grant value per share
$0.36 per share
Reported price for restricted stock award
Post-grant holdings
73,341 shares
Common stock directly owned after the award
Key Terms
Restricted Stock, annual retainer, non-employee director
3 terms
Restricted Stock financial
"Award of Restricted Stock in payment of the equity portion"
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.
annual retainer financial
"in payment of the equity portion of non-employee director's annual retainer"
non-employee director financial
"equity portion of non-employee director's annual retainer"
FAQ
What did DIXIE GROUP INC (DXYN) director Hilda S. Murray report on this Form 4?
Director Hilda S. Murray reported receiving 8,000 shares of DIXIE GROUP INC common stock as a restricted stock award. The grant represents the equity portion of her annual retainer for serving as a non-employee director on the company’s board.
Was the DIXIE GROUP INC (DXYN) Form 4 transaction a market purchase or sale?
The Form 4 transaction was not an open-market trade. It was a grant of 8,000 restricted shares as compensation, described as payment of the equity portion of the non-employee director’s annual retainer, rather than a voluntary buy or sell in the market.