---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-23-000055"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:31:44.478342+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Dixie Group awards performance-vesting options to executives; strike $1.00, target $3.00

## Summary
- Options granted May 25, 2023, under Omnibus Equity Incentive Plan; 5-year term, strike price $1.00.
- Vesting requires 2-year holding period and stock reaching $3.00 for 5 consecutive trading days.
- Fair market value on grant date was $0.90 per share; strike is 10% above FMV.
- Grants to certain key employees and executive officers; specific recipients and share counts not disclosed.

## SEC filing metadata
- accession: 0000029332-23-000055
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933223000055/0000029332-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933223000055/dxyn-20230525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-23-000055
- JSON: https://secwatch.observer/filing/0000029332-23-000055.json
- Plain text: https://secwatch.observer/filing/0000029332-23-000055.txt

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