Flexsteel (FLXS) director returns 35,299 shares of common stock to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flexsteel Industries director Frank Brooks Bertsch disposed of 35,299 shares of the company’s Common Stock back to the issuer at $47.00 per share. After this disposition to the issuer, he holds 3,020 shares of Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bertsch Frank Brooks
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 35,299 | $47.00 | $1.66M |
Holdings After Transaction:
Common Stock — 3,020 shares (Direct, null)
Footnotes (1)
Key Figures
Shares disposed: 35,299 shares
Transaction price: $47.00 per share
Shares owned after: 3,020 shares
3 metrics
Shares disposed
35,299 shares
Disposition to issuer of Common Stock
Transaction price
$47.00 per share
Price for disposition of Common Stock
Shares owned after
3,020 shares
Beneficially owned following reported transaction
Key Terms
Disposition to issuer, Common Stock, Form 4
3 terms
Disposition to issuer financial
"transaction_code_description: "Disposition to issuer""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Flexsteel Industries (FLXS) report for Frank Brooks Bertsch?
Flexsteel Industries reported that director Frank Brooks Bertsch disposed of 35,299 shares of Common Stock back to the company at $47.00 per share. Following this disposition to the issuer, he directly holds 3,020 shares of Flexsteel Common Stock.
Was the Flexsteel (FLXS) insider transaction a market sale or a disposition to the issuer?
The transaction was a disposition to the issuer, not an open-market sale. It is coded “D” on Form 4, with the description “Disposition to issuer,” indicating the shares were transferred back to Flexsteel rather than sold on an exchange.
Does the Flexsteel (FLXS) Form 4 show any derivative securities for Frank Brooks Bertsch?
The Form 4 data indicate no derivative securities transactions for Frank Brooks Bertsch in this filing. The derivativeSummary section is empty, meaning the reported activity involves only non-derivative Common Stock rather than options, warrants, or other derivative instruments.