other material
confidence medium
sentiment neutral
materiality 0.20
Dixie Group adopts 2025 incentive plan for CEO, CFO, other NEOs with cash and restricted stock awards
DIXIE GROUP INC
- CEO eligible for cash award of 45%-105% of base salary; CFO and others 15%-75% based on adjusted operating income.
- Primary Long-Term Incentive restricted stock award up to 35% (CEO 45%) of salary; vests ratably over 3 years.
- Career Share restricted stock award equal to 20% (COO 35%) of salary; vesting tied to age (2 or 5 years).
- All awards require Committee discretion, employment through determination date, and threshold operating performance.
- No departures or new officer appointments disclosed; plan terms consistent with prior years.