---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-23-000022"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T04:57:48.756078+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Dixie Group adopts 2023 incentive plan with cash and equity awards for executives

## Summary
- CEO/COO cash incentive range: 45% to 105% of base salary; CFO and other officers: 15% to 75%.
- PLTI restricted stock: CEO up to 45% of salary plus cash bonus; others up to 35%.
- Career Share awards: 20% of salary (most execs), 35% for COO; vesting based on age.
- Awards contingent on adjusted operating income threshold and employment through March 15, 2024.
- PLTI vests over 3 years; Career Shares vest over 2-5 years depending on participant age.

## SEC filing metadata
- accession: 0000029332-23-000022
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933223000022/0000029332-23-000022-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933223000022/dxyn-20230313.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-23-000022
- JSON: https://secwatch.observer/filing/0000029332-23-000022.json
- Plain text: https://secwatch.observer/filing/0000029332-23-000022.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.