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Flexsteel (NASDAQ: FLXS) director Thomas Levine to step down in 2025

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Flexsteel Industries, Inc. reported that director Thomas M. Levine has notified the Board of his intention to resign from the Board of Directors. His resignation will be effective at the conclusion of the Board meeting scheduled for December 10, 2025.

The company states that Mr. Levine is stepping down to focus on family and other interests, and that he has confirmed his decision is not due to any disagreement with the company’s operations, policies, or practices. Flexsteel issued a press release on October 9, 2025 announcing his planned departure, which is included as an exhibit to this report.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 09, 2025

 

 

Flexsteel Industries Inc

(Exact name of Registrant as Specified in Its Charter)

 

 

Minnesota

0-5151

42-0442319

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

385 Bell Street

 

Dubuque, Iowa

 

52001-7004

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (563) 556-7730

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock

 

FLXS

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 8, 2025, Thomas M. Levine gave the Board of Directors (the “Board”) of Flexsteel Industries, Inc. (the “Company”) notice that he intends to resign from the Board effective at the conclusion of the Board meeting to be held December 10, 2025, to focus on family and other interests. Mr. Levine has confirmed to the Company’s Board that his resignation is not the result of any disagreement on any matter relating to the Company’s operations, policies or practices.

Item 7.01 Regulation FD Disclosure.

On October 9, 2025, the Company issued a press release announcing Mr. Levine’s notice of his intent to resign. A copy of the press release is furnished as Exhibit 99.1 and is incorporated herein by reference.
 

The information in this Item 7.01, including Exhibit 99.1 attached hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

Exhibit Description
99.1 Press Release by Flexsteel Industries, Inc. dated October 9, 2025.
104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

FLEXSTEEL INDUSTRIES, INC.

 

 

 

 

Date:

October 9, 2025

By:

/s/ Michael J. Ressler

 

 

 

Michael J. Ressler
Chief Financial Officer

 


FAQ

What did Flexsteel Industries (FLXS) disclose in this 8-K filing?

Flexsteel Industries, Inc. disclosed that director Thomas M. Levine notified the Board of his intention to resign from the Board, effective at the conclusion of the Board meeting on December 10, 2025.

When will director Thomas M. Levine’s resignation from Flexsteel (FLXS) take effect?

Thomas M. Levine’s resignation from the Flexsteel Board of Directors will become effective at the conclusion of the Board meeting scheduled for December 10, 2025.

Why is Flexsteel director Thomas M. Levine resigning?

According to the company, Thomas M. Levine intends to resign from the Board to focus on family and other interests.

Did Thomas M. Levine resign from Flexsteel over a disagreement with the company?

No. Flexsteel states that Mr. Levine has confirmed his resignation is not the result of any disagreement regarding the company’s operations, policies, or practices.

How did Flexsteel (FLXS) communicate Thomas M. Levine’s planned resignation to the public?

On October 9, 2025, Flexsteel issued a press release announcing Mr. Levine’s notice of intent to resign. The press release is furnished as Exhibit 99.1 to the report.

Is the press release about Thomas M. Levine’s resignation considered filed for liability purposes?

The company specifies that the information in Item 7.01 and Exhibit 99.1 is furnished and not deemed “filed” for purposes of Section 18 of the Exchange Act.
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