Flexsteel CFO exercises 2,597 RSUs, withholds shares
Flexsteel Industries CFO Michael J. Ressler reported equity award activity involving company stock.
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Rhea-AI Filing Summary
Flexsteel Industries CFO Michael J. Ressler reported equity award activity involving company stock. On February 8, 2026, he converted 2,597 restricted stock units into the same number of Flexsteel common shares, as each unit represents a right to receive one share.
On the same date, 1,259 common shares were disposed of at $57.55 per share in a transaction coded "F," indicating shares withheld to cover taxes upon vesting. After these transactions, Ressler directly owned 16,756 shares of Flexsteel common stock. No derivative restricted stock units remained outstanding following the conversion.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,597 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,597 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,259 | $57.55 | $72K |
Footnotes (1)
- F1. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
FAQ
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What insider transaction did FLXS CFO Michael Ressler report?
What happened to the 2,597 restricted stock units reported for FLXS?
What position does Michael J. Ressler hold at Flexsteel Industries (FLXS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.