DXYN · Dixie Group Inc · Insider Trading
Substantial doubt about the company's ability to continue as a going concern.
“At the time of issuance of these financial statements, conditions and events, including recent operating losses, reduced availability under its credit facility, macroeconomic pressures, past covenant violations cured by waivers and uncertainty of future covenant violations, raised substantial doubt about its ability to continue as a going concern within twelve months after the date the financial statements are issued. Management has developed plans that are intended to improve liquidity and address these conditions, including profit improvement initiatives and seeking additional debt financing. Management is also evaluating opportunities to sale an existing building, subject to customary closing conditions and lender payoff requirements, which would be expected to generate net cash proceeds that would improve liquidity; however, because of the uncertainty of closing on such a sale, management has not assumed the full benefit in concluding whether substantial doubt is alleviated. The Company's evaluation of these plans, and its assumptions regarding their execution and timing, requires significant judgment and is subject to inherent uncertainty, therefore management has concluded that these plans do not alleviate the substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 6, 2026
20 customers — 10% of revenue (2025)
“During 2025, sales to our top ten customers accounted for approximately 7% of our sales and our top 20 customers accounted for approximately 10% of our sales.”
10 customers — 7% of revenue (2025)
“During 2025, sales to our top ten customers accounted for approximately 7% of our sales and our top 20 customers accounted for approximately 10% of our sales.”
Trades by corporate insiders — officers, directors and holders of more than 10% of the shares — disclosed to the SEC on Forms 4 and 5. Form 3 supplies initial ownership rather than a trade; Form 4 must be filed within two business days of the trade.
| Date | Insider | Role | Type | Security | Shares |
|---|---|---|---|---|---|
| 2026-05-06 | Brock Charles E |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2026-05-06 | Owens Michael L. |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2026-05-06 | Murray Hilda S |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2026-05-06 | Blue William F JR |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2026-03-31 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Other↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents a conversion of Class B Common Stock to an equal number of shares of Common Stock. |
Common Stock, $3 par value
|
4,882 |
| 2026-03-31 | FRIERSON DANIEL K |
Director |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
16,172 |
| 2026-03-31 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
5,515 |
| 2026-03-31 | Danzey Allen L |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
3,189 |
| 2026-03-31 | Nuckols Thomas Martin |
Executive Vice President |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
4,383 |
| 2026-03-12 | Nuckols Thomas Martin |
Executive Vice President |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricked stock consisting of 13,000 Career shares and 14,788 Long-Term Incentive Plan shares. |
Common Stock, $3 par value
|
27,788 |
| 2026-03-12 | FRIERSON DANIEL K |
Director |
Award↑
Filing footnotes — Class B Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 12,500 Career Shares of Class B Common Stock and 20,390 Long-Term Incentive Plan shares of Class B Common Stock. |
Class B Common Stock, $3 par value
|
32,890 |
| 2026-03-12 | FRIERSON DANIEL K |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 12,500 Career Shares of Common Stock and 20,391 Long-Term Incentive Plan shares of Common Stock. |
Common Stock, $3 par value
|
32,891 |
| 2026-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Award↑
Filing footnotes — Class B Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 25,436 Career Shares of Common Stock and 18,441 Long-Term Incentive Plan shares of Class B Common Stock. |
Class B Common Stock, $3 par value
|
43,877 |
| 2026-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricked stock consisting of 814 Career Shares of Common Stock and 590 Long-Term Incentive Plan shares of Common Stock. |
Common Stock, $3 par value
|
1,404 |
| 2026-03-12 | Phelan Daniel M |
VP Human Resources |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 9,000 shares of Career shares and 9,056 Long-Term Incentive Plan shares. |
Common Stock, $3 par value
|
18,056 |
| 2026-03-12 | Danzey Allen L |
Chief Financial Officer |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 10,400 shares of Career shares and 10,465 Long-Term Incentive Plan shares. |
Common Stock, $3 par value
|
20,865 |
| 2025-08-12 | DAVIS W DEREK |
VP Human Resources |
Other↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of equity securities that cancelled on retirement. |
Common Stock, $3 par value
|
19,365 |
| 2025-08-12 | DAVIS W DEREK |
VP Human Resources |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
1,452 |
| 2025-08-12 | DAVIS W DEREK |
VP Human Resources |
Other↓
Filing footnotes — Employee Stock Option (right to buy) (Direct)
Represents cancellation of an award of options upon retirement. |
Employee Stock Option (right to buy)
|
20,000 |
| 2025-05-07 | Brock Charles E |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholder. |
Common Stock, $3 par value
|
8,000 |
| 2025-05-07 | Blue William F JR |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholder. |
Common Stock, $3 par value
|
8,000 |
| 2025-05-07 | Murray Hilda S |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholder. |
Common Stock, $3 par value
|
8,000 |
| 2025-05-07 | Owens Michael L. |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2025-04-10 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Other↓
Filing footnotes — Class B Common Stock, $3 par value (Direct)
Represents a conversion of Class B Common Stock to Common Stock. |
Class B Common Stock, $3 par value
|
9,017 |
| 2025-04-10 | FRIERSON DANIEL K |
Director |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares withheld by Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
26,020 |
| 2025-04-10 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents a conversion of Class B Common Stock to Common Stock. |
Common Stock, $3 par value
|
9,017 |
| 2025-04-10 | Danzey Allen L |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
5,713 |
| 2025-04-10 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
10,339 |
| 2025-04-10 | Nuckols Thomas Martin |
Executive Vice President |
Tax↓
|
Common Stock, $3 par value
|
7,810 |
| 2025-04-10 | DAVIS W DEREK |
VP Human Resources |
Tax↓
|
Common Stock, $3 par value
|
7,911 |
| 2024-05-01 | Owens Michael L. |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2024-05-01 | Blue William F JR |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2024-05-01 | Brock Charles E |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2024-05-01 | Murray Hilda S |
Director |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Award of Restricted Stock in payment of the equity portion of non-employee director's annual retainer. Award vests five days after next year's annual meeting of shareholders. |
Common Stock, $3 par value
|
8,000 |
| 2024-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Award↑
Filing footnotes — Class B Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 25,200 Career shares of Class B Common Stock and 45,581 Long-Term Incentive Plan shares of Class B Common Stock. |
Class B Common Stock, $3 par value
|
70,781 |
| 2024-03-12 | Danzey Allen L |
Chief Financial Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
5,014 |
| 2024-03-12 | FRIERSON DANIEL K |
Director |
Other↑
|
Class B Common Stock, $3 par value
|
0 |
| 2024-03-12 | Nuckols Thomas Martin |
Executive Vice President |
Other↑
Filing footnotes — Common Stock, $3 par value (Direct)
Shares of Common Stock held as of March 11, 2024. |
Common Stock, $3 par value
|
0 |
| 2024-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
9,438 |
| 2024-03-12 | FRIERSON DANIEL K |
Director |
Other↑
|
Class B Common Stock, $3 par value
(I)
|
0 |
| 2024-03-12 | Nuckols Thomas Martin |
Executive Vice President |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 13,000 Career shares and 37,738 Long-Term Incentive Plan shares. |
Common Stock, $3 par value
|
50,738 |
| 2024-03-12 | DAVIS W DEREK |
VP Human Resources |
Other↑
Filing footnotes — Common Stock, $3 par value (Direct)
Shares of Common Stock held as of March 11, 2024. |
Common Stock, $3 par value
|
0 |
| 2024-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Other↑
|
Class B Common Stock, $3 par value
|
0 |
| 2024-03-12 | FRIERSON DANIEL K |
Director |
Other↑
|
Class B Common Stock, $3 par value
(I)
|
0 |
| 2024-03-12 | DAVIS W DEREK |
VP Human Resources |
Award↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 10,400 Career shares and 27,460 Long-Term Incentive Plan shares. |
Common Stock, $3 par value
|
37,860 |
| 2024-03-12 | FRIERSON DANIEL K |
Director |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
24,814 |
| 2024-03-12 | FRIERSON DANIEL K |
Director |
Award↑
Filing footnotes — Class B Common Stock, $3 par value (Direct)
Represents an award of restricted stock consisting of 12,500 Career Shares of Class B Common Stock and 50,872 Long-Term Incentive Plan shares of Class B Common Stock. |
Class B Common Stock, $3 par value
|
63,372 |
| 2024-03-12 | Nuckols Thomas Martin |
Executive Vice President |
Tax↓
Filing footnotes — Common Stock, $3 par value (Direct)
Represents shares surrendered to Company to satisfy income tax withholding requirements with respect to vesting of an outstanding award of restricted stock. |
Common Stock, $3 par value
|
7,002 |
| 2024-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Other↑
Filing footnotes — Common Stock, $3 par value (Direct)
Represents a conversion of Class B Common Stock to an equal number of shares of Common Stock. |
Common Stock, $3 par value
|
5,980 |
| 2024-03-12 | Frierson Daniel K Jr. |
Director, VP-Chief Operating Officer |
Other↑
|
Common Stock, $3 par value
|
0 |