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Flexsteel Industries (FLXS) CFO converts 2,597 RSUs and withholds 1,259 shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ressler Michael J

(Last) (First) (Middle)
385 BELL ST

(Street)
DUBUQUE IA 52001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FLEXSTEEL INDUSTRIES INC [ FLXS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CFO
3. Date of Earliest Transaction (Month/Day/Year)
02/08/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/08/2026 M 2,597 A (1) 18,015 D
Common Stock 02/08/2026 F 1,259 D $57.55 16,756 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/08/2026 M 2,597 02/08/2026 02/08/2026 Common Stock 2,597 (1) 0 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
/s/ Jennifer Zeman, attorney-in-fact 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did FLXS CFO Michael Ressler report?

Michael J. Ressler reported converting 2,597 restricted stock units into Flexsteel common shares. These units vested on February 8, 2026, and each unit represented a contingent right to receive one share of FLXS common stock under his equity compensation.

How many FLXS shares did the CFO sell or dispose of in this filing?

The CFO had 1,259 Flexsteel common shares disposed of in a tax-related transaction. The transaction was coded "F," typically indicating shares withheld to satisfy tax obligations, at a reported price of $57.55 per share on February 8, 2026.

How many Flexsteel (FLXS) shares does the CFO own after these transactions?

After the reported activity, the CFO directly owned 16,756 Flexsteel common shares. This figure reflects the 2,597 shares received from restricted stock unit conversion, net of the 1,259 shares disposed of in the tax withholding transaction on the same date.

What happened to the 2,597 restricted stock units reported for FLXS?

The 2,597 restricted stock units were exercised and converted into common stock. On February 8, 2026, all these units were settled into an equal number of Flexsteel shares, leaving zero restricted stock units beneficially owned afterward.

At what price were the FLXS shares disposed of in the tax transaction?

The 1,259 Flexsteel shares in the tax-related transaction were valued at $57.55 per share. This price is reported in the filing for the transaction coded "F," which reflects share withholding to cover associated tax obligations upon vesting.

What position does Michael J. Ressler hold at Flexsteel Industries (FLXS)?

Michael J. Ressler is the Chief Financial Officer (CFO) of Flexsteel Industries. The filing identifies him as an officer of the company with the title CFO and reports his direct ownership of company common stock following equity award activity.
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304.69M
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30.33%
51.99%
0.99%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
DUBUQUE