Flexsteel Industries (FLXS) director receives 544-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bertsch Frank Brooks reported acquisition or exercise transactions in this Form 4 filing.
Flexsteel Industries director Frank Brooks Bertsch received a grant of 544 shares of Common Stock as part of his quarterly non-executive director compensation. The shares were awarded at no cash cost and increased his directly held stake to 38,319 shares, reflecting routine equity-based board pay rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bertsch Frank Brooks
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 544 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 38,319 shares (Direct)
Footnotes (1)
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FAQ
What did Flexsteel Industries (FLXS) director Frank Brooks Bertsch report on this Form 4?
Frank Brooks Bertsch reported receiving 544 shares of Flexsteel Industries Common Stock. The shares were granted as part of his quarterly non-executive director compensation and did not involve a cash purchase in the open market.
Was the Flexsteel (FLXS) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant, not a market purchase. Bertsch received 544 Common Stock shares coded as a compensation-related award, with a transaction price of $0.00 per share, consistent with non-executive director equity compensation.
What does the footnote on the Flexsteel (FLXS) Form 4 filing explain?
The footnote explains that the 544 shares were awarded as part of quarterly non-executive director compensation. This clarifies the transaction as routine board compensation, not a discretionary buy or sell decision in the open market.
Does the Flexsteel (FLXS) Form 4 indicate any stock sales by the director?
No stock sales are reported in this Form 4. The filing shows only an acquisition via a 544-share grant and lists zero sell transactions, making the activity purely compensation-related rather than a disposition of existing holdings.