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[Form 4] FLEXSTEEL INDUSTRIES INC Insider Trading Activity

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

Rhea-AI Filing Summary

Flexsteel Industries, Inc. (FLXS) reports that on 10/07/2025 a reporting person who served as trustee caused 208,179 shares of common stock to be transferred, for $0, to beneficiaries after three trusts were dissolved. The Form 4 shows the reporting person disclaimed beneficial ownership while trustee; following the transactions the reported indirect ownership of the listed trust holdings is 0 shares. The filing was signed by an attorney-in-fact on 10/08/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Trustee-led trust dissolutions moved 208,179 shares out of the reporting person’s indirect holdings.

The transaction entries show three trust accounts were dissolved and the issuer’s common stock held by those trusts was transferred to beneficiaries for no consideration, reducing the reporting person’s indirect reported holdings to 0 shares.

This is a governance and ownership-structure event rather than an open-market sale: it reflects internal trust administration and beneficiary transfers. Investors may note the shift in formal insider alignment; monitor subsequent Forms 4 or institutional filings for whether beneficiaries retain, sell, or re-consolidate these shares within the next several months.

Insider Bertsch Frank Brooks
Role Director
Type Security Shares Price Value
Gift Common Stock 8,670 $0.00 $0.00
Gift Common Stock 93,960 $0.00 $0.00
Gift Common Stock 68,363 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 0 shares (Indirect, By the Barbara Bertsch Trust FBO Jeffrey T. Bertsch); Common Stock — 0 shares (Indirect, By the Frank H. Bertsch Trust #2); Common Stock — 0 shares (Indirect, By the Frank H. Bertsch Trust #3 FBO Jeffrey T. Bertsch); Common Stock — 37,186 shares (Direct)
Footnotes (1)
  1. F1. The reporting person was a trustee of the holder of these shares and disclaimed beneficial ownership of such shares. On October 7, 2025, the trusts were dissolved, and the shares of the Issuer's Common Stock were transferred, for no consideration, to the beneficiaries of the trusts.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What did the Form 4 filed for FLXS report on 10/08/2025?
The Form 4 reports that on 10/07/2025 trust-held common stock totaling 208,179 shares was transferred to beneficiaries and the reporting person disclaimed beneficial ownership while trustee.

Who was the reporting person on the FLXS Form 4?
The reporting person is Frank Brooks Bertsch, listed as a Director and trustee for the named trusts; the form was signed by an attorney-in-fact.

Were the transferred shares sold for cash?
No. The shares were transferred for $0 as part of trust dissolutions and distributions to beneficiaries.

How many trusts were dissolved according to the filing?
The Explanation states that three trusts were dissolved and their Flexsteel common stock was distributed to beneficiaries.

What is the reported beneficial ownership after the transactions?
The Form 4 shows 0 shares beneficially owned following the reported transactions for the trust accounts listed.
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*
Bertsch Frank Brooks
(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
10/07/2025
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 10/07/2025 G 8,670 D $0(1) 0 I By the Barbara Bertsch Trust FBO Jeffrey T. Bertsch(1)
Common Stock 10/07/2025 G 93,960 D $0(1) 0 I By the Frank H. Bertsch Trust #2(1)
Common Stock 10/07/2025 G 68,363 D $0(1) 0 I By the Frank H. Bertsch Trust #3 FBO Jeffrey T. Bertsch(1)
Common Stock 37,186 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
Explanation of Responses:
1. The reporting person was a trustee of the holder of these shares and disclaimed beneficial ownership of such shares. On October 7, 2025, the trusts were dissolved, and the shares of the Issuer's Common Stock were transferred, for no consideration, to the beneficiaries of the trusts.
/s/ Jennifer Zeman, attorney-in-fact 10/08/2025
** 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.

Source: View Original Filing on SEC EDGAR