Blue William F JR 4
Research Summary
AI-generated summary
Dixie Group (DXYN) Director William F. Blue Jr Receives 8,000-Share Award
What Happened
- William F. Blue Jr, a director of Dixie Group Inc. (DXYN), was granted 8,000 restricted shares (transaction code A) on 2026-05-06 at a reported price of $0.36 per share, for a total fair value of $2,880. This award was granted as the equity portion of his annual non-employee director retainer.
Key Details
- Transaction date: 2026-05-06; Filing date (Form 4): 2026-05-07 (timely filing).
- Price per share reported: $0.36; total value: $2,880.
- Shares received: 8,000 restricted shares (award/grant).
- Shares owned after the transaction: Not disclosed in the provided filing.
- Footnote: Award vests five days after the next year’s annual meeting of shareholders (restrictions apply until vesting).
- Transaction type code: A = Award/Grant.
Context
- This was a compensation award to a non-employee director rather than an open-market purchase or sale; such grants are routine director compensation and do not necessarily signal the director’s view on the stock. The shares are restricted and subject to a future vesting date (five days after next year’s annual meeting), limiting immediate transferability.