Danzey Allen L 4

What Happened
Danzey Allen, Chief Financial Officer of DIXIE GROUP INC (DXYN), surrendered 3,189 restricted shares on 2026-03-31 to satisfy income tax withholding obligations related to vested restricted stock. The shares were valued at $0.40 each, totaling $1,276. This was a share-for-tax withholding (disposition), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-03-31; filing date: 2026-04-01 (timely filing)
• Transaction type/code: F — shares surrendered to satisfy tax withholding on vesting
• Shares surrendered/disposed: 3,189 at $0.40 per share; total value reported: $1,276
• Footnote: F1 — represents shares surrendered to the company to satisfy income tax withholding for vesting of an outstanding restricted stock award
• Shares owned after transaction: Not specified in the Form 4 filing

Context
Surrendering shares to cover tax withholding is a routine administrative action when restricted stock vests and does not indicate a market-sale decision or a direct signal of the insider's view on the company. This is different from an open-market sale (which would be a liquidity or investment decision) or a purchase (which is often viewed as a more bullish signal).