Owens Michael L. 4

What Happened

Michael L. Owens, a director of Dixie Group Inc. (DXYN), was granted 8,000 shares of restricted stock on 2026-05-06. The award is recorded at $0.36 per share, for a total reported value of $2,880. This was an award/grant (transaction code A) as compensation for his role, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-06; filing date: 2026-05-07 (filed the next day).
• Price/value: $0.36 per share; total value $2,880.
• Shares granted: 8,000 restricted shares.
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Award is the equity portion of the non‑employee director's annual retainer; the restricted shares vest five days after next year’s annual meeting of shareholders.
• Transaction code: A = Award/Grant.
• Timeliness: Filing appears timely (filed the day after the reported transaction).

Context

This grant represents routine director compensation in the form of restricted stock. Because the shares are subject to vesting (per the footnote), the award is primarily a compensation event rather than an immediate market signal of insider buying or selling. Retail investors should view such non‑employee director awards as standard corporate practice and not necessarily indicative of short‑term sentiment.