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Flexsteel director plans sale of 16,000 shares

Flexsteel director William S. Creekmuir filed an amended Form 144 to potentially sell 16,000 common shares acquired via director bonuses and IRA purchases.

(Neutral)
(Neutral)
Form Type
144/A

Rhea-AI Filing Summary

FLEXSTEEL INDUSTRIES INC (FLXS) director William S. Creekmuir filed an amended Form 144 indicating planned sales of company common shares under Rule 144. The notice covers 16,000 common shares acquired through director bonus payments and IRA purchases, with sales to be executed through multiple brokerage firms.

The securities information lists proposed sales of 9,308 shares via Georgeson Securities Corporation dated August 28, 2026, 4,200 shares via Wells Fargo Clearing Services LLC dated September 14, 2026, and 2,492 shares via Morgan Stanley Smith Barney LLC dated September 16, 2026. The remarks clarify that acquisition dates and payments are various and tied to director bonus payouts and IRA activity.

Positive

  • None.

Negative

  • None.
Total common shares to be sold 16,000 shares Common shares of FLEXSTEEL INDUSTRIES INC covered in the securities-to-be-sold section
Georgeson Securities share block 9,308 shares Common shares with proposed sale date August 28, 2026
Georgeson Securities dollar amount $8,779,172.68 Amount shown for 9,308 common shares dated August 28, 2026
Wells Fargo Clearing share block 4,200 shares Common shares with proposed sale date September 14, 2026
Wells Fargo Clearing dollar amount $340,200.00 Amount shown for 4,200 common shares dated September 14, 2026
Morgan Stanley share block 2,492 shares Common shares with proposed sale date September 16, 2026
Morgan Stanley dollar amount $201,852.00 Amount shown for 2,492 common shares dated September 16, 2026
Date of notice September 14, 2026 Date the Form 144/A notice was signed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144/A: Filer Information and 144/A: Securities Information sections."
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
IRA financial
"SHARES WERE BOUGHT UNDER IRA AND RESULTED FROM DIRECTOR BONUS PAYOUT"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
director bonus payout financial
"SHARES WERE BOUGHT UNDER IRA AND RESULTED FROM DIRECTOR BONUS PAYOUT"
compensation financial
"09/14/2026 | COMPENSATION"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144/A filing disclose for FLEXSTEEL INDUSTRIES INC (FLXS)?

It discloses that director William S. Creekmuir has filed an amended Form 144 for the potential sale of 16,000 Flexsteel common shares acquired through director bonus payments and IRA purchases, to be sold under Rule 144 through several brokerage firms.

How many FLEXSTEEL (FLXS) shares are covered by the planned sales?

The notice under Rule 144 covers 16,000 common shares of FLEXSTEEL INDUSTRIES INC. These shares were obtained via director bonus payments and purchases in an IRA, as described in the securities-to-be-sold section and the remarks.

Which brokers are listed for the FLEXSTEEL (FLXS) Rule 144 sales and in what amounts?

The filing lists proposed sales of 9,308 shares through Georgeson Securities Corporation, 4,200 shares through Wells Fargo Clearing Services LLC, and 2,492 shares through Morgan Stanley Smith Barney LLC, each tied to specific sale dates in August and September 2026.

What are the indicated dollar values of the FLEXSTEEL (FLXS) shares in the Form 144/A?

The securities information shows dollar amounts of $8,779,172.68 for 9,308 shares, $340,200.00 for 4,200 shares, and $201,852.00 for 2,492 shares. These figures appear alongside the respective share counts and proposed sale dates.

How were the FLEXSTEEL (FLXS) shares in this Form 144/A acquired?

The remarks state that the shares were acquired on various dates, bought under an IRA and resulting from a director bonus payout. The securities-to-be-sold section further describes the nature of acquisition as director bonus payment and IRA direct purchases.

When are the FLEXSTEEL (FLXS) Rule 144 sales expected according to the notice?

The securities information lists proposed sale dates of August 28, 2026, September 14, 2026, and September 16, 2026 for different blocks of common shares, each associated with a separate brokerage firm.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144/A: Filer Information

144/A: Issuer Information

144/A: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144/A: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144/A: Securities Sold During The Past 3 Months

144/A: Remarks and Signature

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