FRIERSON DANIEL K 4

What Happened
Daniel K. Frierson, a reported 10% owner of Dixie Group, received two restricted stock awards on 2026-03-12 totaling 65,781 shares (32,890 and 32,891 shares). Both awards were recorded at $0.00 per share (no cash paid). These are grants/awards (transaction code A) rather than open-market purchases or sales.

Key Details

• Transaction date(s): 2026-03-12; Form 4 filed 2026-03-13 (next-day filing).
• Shares granted: 32,890 shares (award 1) + 32,891 shares (award 2) = 65,781 total. Price reported: $0.00 (awarded, not purchased).
• Footnotes:
  • F1: Award 1 = 12,500 Career Shares of Class B Common Stock + 20,390 Long-Term Incentive Plan (LTIP) shares of Class B Common Stock.
  • F2: Award 2 = 12,500 Career Shares of Common Stock + 20,391 LTIP shares of Common Stock.
• Shares owned after transaction: Not reported in the provided excerpt.
• Filing timeliness: Report filed the day after the transactions (appears timely based on provided data).

Context
These are restricted-stock/LTIP awards — typically compensation that may vest over time and can carry transfer or forfeiture restrictions. Because this is an award (compensation) recorded at $0, it is not the same as a market purchase (which some investors view as a stronger bullish signal). As a 10% owner, Frierson is a large stakeholder; such awards reflect compensation/equity allocation rather than an independent open-market investment.