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Flexsteel director sells 4,000 shares at ~$81

FLEXSTEEL INDUSTRIES INC (FLXS) director Michael Scott Culbreth reported selling an aggregate 4,000 shares of common stock on September 3, 2026 in two open-market or private transactions.

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

FLEXSTEEL INDUSTRIES INC (FLXS) director Michael Scott Culbreth reported selling an aggregate 4,000 shares of common stock on September 3, 2026 in two open-market or private transactions. One block of 2,658 shares was sold at a weighted average price of $80.6918, and another 1,342 shares at $81.1617, with each price reflecting multiple trades within the stated ranges. No Rule 10b5-1 trading plan is reported for these transactions.

Positive

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Negative

  • None.
Insider Culbreth Michael Scott
Role Director
Sold 4,000 shs ($323K)
Type Security Shares Price Value
Sale Common Stock F1 2,658 $80.6918 $214K
Sale Common Stock F2 1,342 $81.1617 $109K
Holdings After Transaction: Common Stock — 9,734.023 shares (Direct)
Footnotes (2)
  1. F1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $80.45 to $80.94.
  2. F2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $81.00 to $81.63.
Total shares sold 4,000 shares Aggregate sales of common stock reported for September 3, 2026
First sale size 2,658 shares Portion of total shares sold on September 3, 2026
First sale weighted average price $80.6918 per share Weighted average for trades ranging from $80.45 to $80.94
Second sale size 1,342 shares Remaining shares sold on September 3, 2026
Second sale weighted average price $81.1617 per share Weighted average for trades ranging from $81.00 to $81.63
weighted average price financial
"The price reported in column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
Rule 10b5-1 trading plan regulatory
"No Rule 10b5-1 trading plan is reported for these transactions."
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.

FAQ

What insider transactions did FLXS disclose for director Michael Scott Culbreth?

Director Michael Scott Culbreth reported selling 4,000 shares of Flexsteel Industries common stock on September 3, 2026 in two open-market or private transactions at weighted average prices around $80.69 and $81.16 per share.

At what prices were the FLXS shares sold by the director on September 3, 2026?

The director’s sales used weighted average prices: $80.6918 for 2,658 shares and $81.1617 for 1,342 shares, with individual trades ranging from $80.45–$80.94 and $81.00–$81.63, respectively.

How many FLXS shares did the Flexsteel director sell in total?

In total, the director reported selling 4,000 shares of Flexsteel Industries common stock on September 3, 2026, split into transactions of 2,658 shares and 1,342 shares.

Were the September 3, 2026 FLXS insider sales under a Rule 10b5-1 plan?

No. The filing indicates that the Rule 10b5-1 trading plan checkbox is not marked, so these reported sales of Flexsteel Industries shares were not affirmed as executed under a Rule 10b5-1 trading plan.

What do the FLXS Form 4 footnotes say about the reported sale prices?

The footnotes state that each reported per-share price is a weighted average price, and the underlying trades for the 2,658-share sale ranged from $80.45–$80.94, while trades for the 1,342-share sale ranged from $81.00–$81.63.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Culbreth Michael Scott

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

(Street)
DUBUQUE IOWA 52001

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FLEXSTEEL INDUSTRIES INC [ FLXS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/03/2026S2,658D$80.6918(1)11,076.023D
Common Stock09/03/2026S1,342D$81.1617(2)9,734.023D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $80.45 to $80.94.
2. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $81.00 to $81.63.
/s/ Jennifer Zeman, attorney-in-fact09/04/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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