Dixie Group (DXYN) CFO awarded 20,865 restricted shares and holds 20,000 options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DIXIE GROUP INC Chief Financial Officer Allen L. Danzey reported an equity compensation award. He received 20,865 shares of common stock as a grant at $0.0000 per share, increasing his direct holdings to 109,371 shares.
The footnote explains this award consists of 10,400 Career shares and 10,465 Long-Term Incentive Plan shares. The filing also shows a holding of stock options to acquire 20,000 shares at an exercise price of $1.0000 per share, expiring on May 25, 2028, which remain outstanding after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Danzey Allen L
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $3 par value | 20,865 | $0.00 | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock, $3 par value — 109,371 shares (Direct);
Employee Stock Option (right to buy) — 20,000 shares (Direct)
Footnotes (1)
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FAQ
What did DIXIE GROUP INC (DXYN) disclose in this Form 4 for its CFO?
The filing reports an equity grant to CFO Allen L. Danzey. He received 20,865 shares of common stock as a compensation award, bringing his direct holdings to 109,371 shares after the transaction.
What stock options for DIXIE GROUP INC (DXYN) does the CFO still hold?
The filing shows outstanding employee stock options for 20,000 underlying shares. These options have an exercise price of $1.0000 per share and an expiration date of May 25, 2028, and are held directly by the CFO.
Is this DIXIE GROUP INC (DXYN) Form 4 a market purchase or a compensation grant?
The transaction is a compensation-related grant, not a market purchase. It is coded as a grant or award acquisition, with 20,865 shares of restricted stock awarded at a reported price of $0.0000 per share.