4Filed Mar 31, 8:00 PM ET
Dixie Group EVP Thomas Nuckols Surrenders 4,383 Shares for Taxes
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Dixie Group EVP Thomas Nuckols Surrenders 4,383 Shares for Taxes
What Happened Thomas Martin Nuckols, Executive Vice President of Dixie Group, surrendered 4,383 shares on 2026-03-31 to satisfy income tax withholding related to the vesting of restricted stock. The transaction is reported as a disposition at $0.40 per share, totaling $1,753. This was a tax-withholding share surrender (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-31; Form 4 filed: 2026-04-01.
- Shares surrendered/disposed: 4,383 shares at $0.40 per share; total value reported $1,753.
- Transaction type/code: F — shares surrendered to satisfy tax withholding.
- Footnote: F1 confirms shares were surrendered to satisfy income tax withholding on vesting of an outstanding restricted stock award.
- Shares owned after transaction: not specified in this filing.
- Timeliness: Filing shows the report covering period ending 2026-03-31 and was filed 2026-04-01; no late-filing indication in the record.
Context Share surrenders to cover tax withholding on vesting are routine and do not necessarily signal executive buying or selling intent. This was a share-for-taxes transaction tied to restricted stock vesting, not a market sale or purchase.