DIXIE GROUP: Robert E. Shaw Updates 13G Filing on Common Stock
Ticker: DXYN · Form: SC 13G/A · Filed: Jan 25, 2024 · CIK: 29332
Complexity: simple
Sentiment: neutral
Topics: insider-ownership, amendment, SC-13G, corporate-governance
TL;DR
**Insider Robert E. Shaw updated his DIXIE GROUP stock ownership as of Dec 31, 2023.**
AI Summary
Robert E. Shaw, a key insider, filed an Amendment No. 14 to his Schedule 13G on January 25, 2024, indicating his ownership of Common Stock in DIXIE GROUP, INC. as of December 31, 2023. This filing, under Rule 13d-1(c), updates his beneficial ownership stake. For investors, this matters because it provides transparency into a significant insider's holdings, which can signal confidence (or lack thereof) in the company's future performance.
Why It Matters
This filing updates the public record on a significant insider's ownership, offering a glimpse into their continued commitment to the company. Changes in insider holdings can sometimes precede major company events or performance shifts.
Risk Assessment
Risk Level: low — This is a routine update to an existing filing, not indicating any immediate new risks or opportunities.
Analyst Insight
Investors should note this routine update to an insider's holdings. While not immediately actionable, it's a data point for tracking long-term insider sentiment. No significant change in strategy is suggested by this specific filing.
Key Numbers
- 255519100 — CUSIP Number (Identifies DIXIE GROUP, INC. Common Stock)
- 14 — Amendment Number (Indicates this is the fourteenth amendment to the original Schedule 13G)
Key Players & Entities
- Robert E. Shaw (person) — Reporting Person for the SC 13G/A filing
- DIXIE GROUP, INC. (company) — Issuer of the Common Stock
- Georgia (company) — Citizenship or Place of Organization for Robert E. Shaw
- December 31, 2023 (date) — Date of Event Which Requires Filing of this Statement
FAQ
What type of SEC filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing under the Securities and Exchange Act of 1934.
Who is the reporting person in this filing?
The reporting person in this filing is Robert E. Shaw, whose citizenship or place of organization is Georgia.
What is the name of the issuer whose securities are being reported?
The name of the issuer is DIXIE GROUP, INC., and the title of the class of securities is Common Stock.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock of DIXIE GROUP, INC. is 255519100.
What is the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' is December 31, 2023.
Filing Stats: 854 words · 3 min read · ~3 pages · Grade level 8.4 · Accepted 2024-01-25 14:34:36
Filing Documents
- roberteshaw2023.htm (SC 13G/A) — 44KB
- 0000029332-24-000002.txt ( ) — 46KB
If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a
Item 3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o) o Bank as defined in Section 3 (a) (6) of the Act (15 U.S.C. 78c) o Insurance company as defined in Section 3 (a) (19) of the Act (15 U.S.C. 78c) o Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8) o An investment adviser in accordance with 240.13d-1 (b) (1) (ii) (E) o An employee benefit plan or endowment fund in accordance with 240.13d-1 (b) (1) (ii) (F) o A parent holding company or control person in accordance with 240.13d-1 (b) (1) (ii) (G) o A savings association as defined in Section 3 (b) of the Federal Deposit Insurance Act (12 U.S.C. 1813) o A church plan that is excluded from the definition of an investment company under section 3 (c) (14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3) o Group, in accordance with 240.13d-1 (b) (1) (ii) (J).
Ownership
Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned 1,125,000 (b) Percent of class 7.6% (c) Number of shares as to which the person has (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote1,125,000 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 1,125,000 2
Ownership of Five Percent or Less of a Class
Item 5. Ownership of Five Percent or Less of a Class Not applicable
Ownership of More than Five Percent on Behalf of Another Person
Item 6. Ownership of More than Five Percent on Behalf of Another Person Not applicable Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company Not applicable
Identification and Classification of Members of the Group
Item 8. Identification and Classification of Members of the Group Shares are held by the Anna Sue and Robert Shaw Foundation but still voted by Robert Shaw.
Notice of Dissolution of Group
Item 9. Notice of Dissolution of Group Not applicable
Certification
Item 10. Certification The following certification shall be included if the statement is filed pursuant to Section 240.13d-1(c) (a) By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose of effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date January 25, 2024 Signature s Robert E. Shaw NameTitle Robert E. Shaw 3