Danzey Allen L 4
Research Summary
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Dixie Group (DXYN) CFO Danzey Allen Receives 20,865-Share Award
What Happened Danzey Allen, Chief Financial Officer of Dixie Group Inc. (DXYN), was granted a total of 20,865 shares on 2026-03-12 as a compensation award. The filing lists this as an award/acquisition (code A) at $0.00 per share — no cash was paid by the insider. The award is described as restricted stock.
Key Details
- Transaction date: 2026-03-12; Form 4 filed 2026-03-13 (appears timely).
- Shares granted: 20,865 total at $0.00 (no purchase price).
- Breakdown (footnote): 10,400 Career shares and 10,465 Long-Term Incentive Plan (LTIP) shares.
- Shares owned after transaction: not specified in the provided filing.
- Transaction code: A = Award/Grant of restricted stock.
- No indication in the filing of tax withholding, 10b5-1 plan, or immediate sale.
Context This was a compensation grant of restricted stock — typically used for pay and retention and often subject to vesting conditions. Because it is an award (not an open-market purchase or sale), it is a routine insider compensation item rather than a direct market signal.