Flexsteel executive proposes $542K share sale

The notice also lists four prior sales by McClaflin, each reported with a share count and transaction value.

Available on EDGAR 11/06/2026 - 05:59 PM EST Accepted by SEC EDGAR 11/06/2026 - 05:59 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Flexsteel Industries Inc. Chief Information and Technology Officer Michael J McClaflin is identified as the seller in a notice for a proposed sale of 7,500 common shares, with an aggregate market value of $541,875. Osaic Wealth Inc. is listed as broker, and Montag Wealth Management LLC is named as the account for which the securities are to be sold. The sale date is listed as November 6, 2026. The shares are described as restricted stock units that vested on July 2, 2024.

Key Figures

Proposed sale: 7,500 shares Aggregate market value: $541,875 Shares outstanding: 4,091,741 shares +4 more

7 metrics

Proposed sale 7,500 shares Common shares; sale date listed as November 6, 2026

Aggregate market value $541,875 Proposed sale of common shares

Shares outstanding 4,091,741 shares Listed for Flexsteel Industries Inc. common stock

Prior sale 500 shares; $39,830 Michael J McClaflin, August 20, 2026

Prior sale 2,000 shares; $165,875 Michael J McClaflin, August 28, 2026

Prior sale 2,500 shares; $198,925 Michael J McClaflin, August 31, 2026

Prior sale 2,500 shares; $203,625 Michael J McClaflin, September 1, 2026

Key Terms

Rule 144, Restricted Stock Units, Equity Compensation

3 terms

Rule 144 regulatory

"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 Units financial

"Restricted Stock Units Vested"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Equity Compensation financial

"Equity Compensation"

Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.

FAQ

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

How many FLXS shares does Michael J McClaflin plan to sell?

Michael J McClaflin is identified as the seller in a proposed sale of 7,500 Flexsteel Industries Inc. common shares, with an aggregate market value of $541,875. The notice lists November 6, 2026 as the sale date, Osaic Wealth Inc. as broker, and Montag Wealth Management LLC as the account for which the securities are to be sold.

What were Michael J McClaflin’s recent FLXS sales?

The past-three-months section lists 500 shares for $39,830 on August 20, 2026; 2,000 shares for $165,875 on August 28, 2026; 2,500 shares for $198,925 on August 31, 2026; and 2,500 shares for $203,625 on September 1, 2026.

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

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002152375
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	FLEXSTEEL INDUSTRIES INC
SEC File Number	000-05151
Address of Issuer	385 BELL ST. Dubuque IOWA 52001
Phone	3195567730
Name of Person for Whose Account the Securities are To Be Sold	Montag Wealth Management LLC
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Osaic Wealth Inc 18700 N Hayden Road Suite 255 Scottsdale AZ 85255	7500	541875.00	4091741	11/06/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	07/02/2024	Restricted Stock Units Vested	Flexsteel Industries Inc			7500	07/02/2024	Equity Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Michael J McClaflin 5007 Lupresse Lane Versailles KY 40383	Flexsteel Industries Inc	08/20/2026	500	39830.00
Michael J McClaflin 5007 Lupresse Lane Versailles KY 40383	Flexsteel Industries Inc	08/28/2026	2000	165875.00
Michael J McClaflin 5007 Lupresse Lane Versailles KY 40383	Flexsteel Industries Inc	08/31/2026	2500	198925.00
Michael J McClaflin 5007 Lupresse Lane Versailles KY 40383	Flexsteel Industries Inc	09/01/2026	2500	203625.00

144: Remarks and Signature

Remarks	Shares to be sold and reported by Montag Wealth Management on behalf of seller Michael J McClaflin Chief Information and Technology Officer of Flexsteel Industries Inc. Shares were acquired by Mr. McClaflin on various dates.
Date of Notice	11/06/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Michael Montag
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)