Flexsteel (NASDAQ: FLXS) VP to sell 5,000 shares under Rule 144
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) received a notice that insider Stacy Marie Kammes, VP Talent, Customer Experience, plans to sell 5,000 shares of common stock under Rule 144. The planned sale, routed through Citigroup Global Markets, has an aggregate market value of about $406,000. The shares were acquired via restricted stock vesting as compensation for services. FLEXSTEEL common stock is listed on NASDAQ, and there were 4,091,741 shares outstanding referenced in the notice.
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Key Figures
Shares proposed to be sold: 5,000 shares of common stock
Aggregate market value of shares to be sold: $406,000
Shares outstanding: 4,091,741 shares
+2 more
5 metrics
Shares proposed to be sold
5,000 shares of common stock
Planned Rule 144 sale by Stacy Marie Kammes
Aggregate market value of shares to be sold
$406,000
Estimated value of 5,000 FLEXSTEEL shares in proposed Rule 144 sale
Shares outstanding
4,091,741 shares
FLEXSTEEL common stock outstanding referenced in the notice
Date of proposed sale
08/21/2026
Approximate date of Rule 144 sale and restricted stock vesting
Form type
Form 144
Notice of proposed sale of restricted or control securities
Key Terms
Rule 144, Restricted Stock Vesting, aggregate market value, services rendered
4 terms
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.
Restricted Stock Vesting financial
"Restricted Stock Vesting | FLEXSTEEL INDUSTRIES INC"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate market value financial
"5000 | 406000.00 | 4091741 | 08/21/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
services rendered financial
"5000 | 08/21/2026 | Services Rendered"
FAQ
What does this Form 144 filing mean for FLEXSTEEL INDUSTRIES INC (FLXS)?
It reports that insider Stacy Marie Kammes intends to sell 5,000 shares of FLEXSTEEL common stock under Rule 144. This is a notice of a potential resale of restricted or control securities, not a company-level capital-raising transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.