Flexsteel CIO sells 2,500 shares at $81–82
Flexsteel’s chief information officer reported direct open‑market sales totaling 2,500 common shares without a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) reported that Chief Information Officer Michael Joseph McClaflin sold a total of 2,500 shares of common stock on September 1, 2026. The sales were executed in five separate open-market or private transactions at per-share prices between $81.00 and $82.00, with all shares held directly. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares
Net Sell
5 txns
Insider
McClaflin Michael Joseph
Role
Chief Information Officer
Sold
2,500 shs ($204K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $81.75 | $41K |
| Sale | Common Stock | 500 | $81.25 | $41K |
| Sale | Common Stock | 500 | $82.00 | $41K |
| Sale | Common Stock | 500 | $81.00 | $41K |
| Sale | Common Stock | 500 | $81.25 | $41K |
Holdings After Transaction:
Common Stock — 36,026 shares (Direct)
Key Figures
Total shares sold: 2,500 shares
Individual trade size: 500 shares
Sale price per share: $81.75
+4 more
7 metrics
Total shares sold
2,500 shares
Common stock sales reported for September 1, 2026
Individual trade size
500 shares
Each of the five sale transactions
Sale price per share
$81.75
One of the reported sale prices on September 1, 2026
Sale price per share
$81.25
One of the reported sale prices on September 1, 2026
Sale price per share
$82.00
One of the reported sale prices on September 1, 2026
Sale price per share
$81.00
One of the reported sale prices on September 1, 2026
Number of sale transactions
5
Non-derivative open‑market or private sales of common stock
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction market
"Sale in open market or private transaction"
non-derivative financial
"transaction_type is listed as non-derivative"
FAQ
What insider transaction did FLXS report for Michael Joseph McClaflin?
FLXS reported that Chief Information Officer Michael Joseph McClaflin sold 2,500 shares of Flexsteel Industries common stock on September 1, 2026 in multiple open‑market or private transactions.
How many separate sale transactions did the FLXS Form 4 disclose?
The Form 4 for FLXS discloses five separate sale transactions, each for 500 shares of Flexsteel Industries common stock on September 1, 2026.
Were the FLXS insider sales made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for these Flexsteel Industries insider sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.