DIXIE GROUP INC·4

May 7, 10:16 AM ET

Brock Charles E 4

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DIXIE GROUP (DXYN) Director Charles E. Brock Receives 8,000-Share Award

What Happened

  • Charles E. Brock, a director of DIXIE GROUP INC (DXYN), was granted 8,000 restricted shares on May 6, 2026. The filing shows an acquisition (code A) at $0.36 per share, for a total reported value of $2,880. This was an equity award (not an open‑market purchase or sale).

Key Details

  • Transaction date and filing: Grant dated 2026-05-06; Form 4 filed 2026-05-07 (timely filing).
  • Price and value: 8,000 shares × $0.36 = $2,880 (award value reported on the form).
  • Shares owned after transaction: Not specified in this filing.
  • Footnote: Award is restricted stock paid as the equity portion of the non-employee director’s annual retainer; the award vests five days after the next year’s annual meeting of shareholders.
  • Transaction code: A (award/grant/acquisition). No 10b5-1 plan, tax-withholding, or sale reported in this filing.

Context

  • Director awards like this are a common form of non-employee director compensation and typically vest over time, so these shares are not immediately liquid. The grant value is modest ($2,880) and should be viewed as routine compensation rather than a clear signal of the director’s market view.