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Flexsteel (NASDAQ: FLXS) VP to sell 5,000 shares under Rule 144

(Neutral)
(Neutral)
Form Type
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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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
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.

How many FLEXSTEEL (FLXS) shares are covered by this Form 144 notice?

The notice covers a proposed sale of 5,000 shares of FLEXSTEEL INDUSTRIES INC common stock. These shares are to be sold through Citigroup Global Markets, Inc. as the broker.

What is the approximate market value of the FLXS shares to be sold?

The filing lists an aggregate market value of about $406,000 for the 5,000 shares of FLEXSTEEL common stock proposed to be sold under Rule 144.

Who is the insider selling FLEXSTEEL (FLXS) shares and what is their role?

The planned sale is for the account of Stacy Marie Kammes, who is identified as an officer of FLEXSTEEL INDUSTRIES INC with the title VP Talent, Customer Experience.

How were the FLEXSTEEL (FLXS) shares being sold under this Form 144 acquired?

The 5,000 shares of FLEXSTEEL common stock are reported as acquired through Restricted Stock Vesting in connection with services rendered to the company.

How many FLEXSTEEL (FLXS) shares were outstanding according to the notice?

The notice references 4,091,741 shares of FLEXSTEEL INDUSTRIES INC common stock outstanding, providing context for the size of the proposed 5,000-share sale.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: 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: 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: Securities Sold During The Past 3 Months

144: Remarks and Signature