DIXIE GROUP INC. Files DEF 14A Filing

TL;DR

<b>DIXIE GROUP INC. has filed a DEF 14A proxy statement on March 22, 2024.</b>

AI Summary

DIXIE GROUP INC (DXYN) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. DIXIE GROUP INC. filed a DEF 14A on 2024-03-22. The filing covers the period ending 2024-03-22. The company's Central Index Key is 0000029332. The Standard Industrial Classification is CARPETS AND RUGS [2273]. The company was formerly known as DIXIE YARNS INC and DIXIE MERCERIZING CO.

Why It Matters

For investors and stakeholders tracking DIXIE GROUP INC, this filing contains several important signals. This DEF 14A filing indicates a formal disclosure process by DIXIE GROUP INC. regarding shareholder matters. The filing provides historical context on the company's name changes, offering insight into its corporate evolution.

Risk Assessment

Risk Level: low — DIXIE GROUP INC shows low risk based on this filing. The filing is a routine DEF 14A, which typically contains standard proxy information and does not indicate significant new risks or opportunities.

Analyst Insight

Review the DEF 14A filing for details on executive compensation, shareholder proposals, and voting matters to understand DIXIE GROUP INC.'s governance and strategic direction.

Key Numbers

• 2024-03-22 — Filing Date (DEF 14A filing date)
• 2024-03-22 — Period of Report (Conformed period of report)
• 0000029332 — Central Index Key (Registrant's Central Index Key)
• 2273 — SIC Code (Standard Industrial Classification for CARPETS AND RUGS)

Key Players & Entities

• DIXIE GROUP INC (company) — Registrant
• DIXIE YARNS INC (company) — Former company name
• DIXIE MERCERIZING CO (company) — Former company name
• 0000029332 (company) — Central Index Key
• 2273 (industry) — Standard Industrial Classification

FAQ

Industry Context

DIXIE GROUP INC. operates within the CARPETS AND RUGS industry (SIC 2273). This filing is a standard proxy statement related to its operations and governance.

Regulatory Implications

The filing is made under Rule 14a-101 of the Securities Exchange Act of 1934, which governs the content of proxy statements.

What Investors Should Do

1. Review the proxy statement for details on director nominations and voting procedures.
2. Examine executive compensation packages and any proposed amendments.
3. Identify any shareholder proposals and the company's recommended voting actions.

Key Dates

• 2024-03-22: DEF 14A Filing — Filing of proxy statement
• 1992-07-03: Name Change — DIXIE GROUP INC. formerly DIXIE YARNS INC
• 1967-05-24: Name Change — DIXIE YARNS INC formerly DIXIE MERCERIZING CO

Year-Over-Year Comparison

This is a DEF 14A filing, which is a type of proxy statement. Specific comparative data from a previous filing is not detailed in this header information.

Key Financial Figures

• $3.00 — holders of the Company's Common Stock, $3.00 par value per share ("Common Stock"), a

Filing Documents

• dxyn-20240322.htm (DEF 14A) — 370KB
• dxyn-20240322_g1.jpg (GRAPHIC) — 70KB
• dxyn-20240322_g2.jpg (GRAPHIC) — 18KB
• dxyn-20240322_g3.jpg (GRAPHIC) — 284KB
• dxyn-20240322_g4.jpg (GRAPHIC) — 272KB
• 0000029332-24-000023.txt (&nbsp;) — 2219KB
• dxyn-20240322.xsd (EX-101.SCH) — 3KB
• dxyn-20240322_def.xml (EX-101.DEF) — 4KB
• dxyn-20240322_lab.xml (EX-101.LAB) — 5KB
• dxyn-20240322_pre.xml (EX-101.PRE) — 3KB
• dxyn-20240322_htm.xml (XML) — 79KB

From the Filing

dxyn-20240322 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 14A INFORMATION (Rule 14a-101) Proxy Statement Pursuant to Section 14(a) of the Securities and Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant o Check the appropriate box: o Preliminary Proxy Statement o Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement o Definitive Additional Materials o Soliciting Material Pursuant to Section 240.14a-12 The Dixie Group, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. o Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. 1) Title of each class of securities to which transaction applies: 2) Aggregate number of securities to which transaction applies: 3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): 4) Proposed maximum aggregate value of transaction: 5) Total fee paid: o Fee paid previously with preliminary materials. o Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. 1) Amount Previously Paid: 2) Form, Schedule or Registrant Statement No.: 3) Filing Party: 4) Date Filed: THE DIXIE GROUP, INC. 475 Reed Road P.O. Box 2007 Dalton, Georgia 30722-2007 (706) 876-5800 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS To the Shareholders of The Dixie Group, Inc.: The Annual Meeting of Shareholders of The Dixie Group, Inc. will be held at the Corporate Office, 475 Reed Road, Dalton, Georgia, on May 1, 2024 at 8:00 a.m., Eastern Daylight Time, for the following purposes: 1. To elect six individuals to the Board of Directors for a term of one year each; 2. To cast an advisory vote on the Company's Executive Compensation for its named executive officers ("Say-on-Pay"); 3. To ratify appointment of FORVIS, LLP to serve as independent registered public accountants of the Company for 2024; and 4. Such other business as may properly come before the Annual Meeting of Shareholders or any adjournment thereof. Only shareholders of record of the Common Stock and Class B Common Stock at the close of business on February 23, 2024, are entitled to notice of, and to vote at, the Annual Meeting or any adjournment thereof. Your attention is directed to the Proxy Statement accompanying this Notice for more complete information regarding the matters to be acted upon at the Annual Meeting. The Dixie Group, Inc. Daniel K. Frierson Chairman of the Board Dalton, Georgia Dated: March 25, 2024 PLEASE READ THE ATTACHED MATERIAL CAREFULLY AND COMPLETE, DATE AND SIGN THE ENCLOSED PROXY AND RETURN IT PROMPTLY TO THE COMPANY IN THE ENCLOSED POSTAGE-PAID ENVELOPE SO THAT YOUR SHARES OF COMMON STOCK AND CLASS B COMMON STOCK WILL BE REPRESENTED AT THE MEETING. IF YOU ATTEND THE MEETING, YOU MAY REVOKE YOUR PROXY AND VOTE YOUR SHARES IN PERSON, SHOULD YOU SO DESIRE. Important Notice Regarding Internet Availability of Proxy Materials for the Annual Meeting of Shareholders to be held on May 1, 2024 The proxy statement and annual report to shareholders are available under "Annual Report" and "Proxy Materials" at www.dixiegroup.com/Investor, "Financial Document Library." THE DIXIE GROUP, INC. 475 Reed Road P.O. Box 2007 Dalton, Georgia 30722-2007 (706) 876-5800 ANNUAL MEETING OF SHAREHOLDERS May 1, 2024 PROXY STATEMENT INTRODUCTION The enclosed Proxy is solicited on behalf of the Board of Directors of the Company for the purposes set forth in the accompanying Notice of Annual Meeting of Shareholders. This Proxy Statement and the enclosed Proxy will be mailed on or about March 25, 2024, to shareholders of record of the Company's Common Stock and Class B Common Stock as of the close of business on February 23, 2024. At the Annual Meeting, holders of the Company's Common Stock, $3.00 par value per share ("Common Stock"), and Class B Common Stock, $3.00 par value per share ("Class B Common Stock"), will be asked to: (i) elect six (6) individuals to the Board of Directors for a term of one year each, (ii) cast an advisory vote on the Company's executive compensation for its named executive officers; (iii) ratify the appointment of FORVIS, LLP to serve as independent registered public accountants of the Company for 2024, and (iv) transact any other business that may properly come before the meeting. The Board of Directors recommends that the Company's shareholders vote (i) FOR el

View Full Filing

View this DEF 14A filing on SEC EDGAR