Flexsteel (FLXS) director awarded 395-share stock grant as quarterly compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC director Michael Scott Culbreth received a grant of 395 shares of Common Stock as part of quarterly non-executive director compensation. The shares were acquired at no cash cost to him, reflecting stock-based compensation rather than an open-market purchase or sale.
After this award, Culbreth holds a total of 13,734.023 shares of Flexsteel common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Culbreth Michael Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 395 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,734.023 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 395 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 13,734.023 shares
+2 more
5 metrics
Shares granted
395 shares
Common Stock award as quarterly non-executive director compensation
Grant price per share
$0.0000 per share
Reported transaction price on Form 4 for the stock award
Total shares after transaction
13,734.023 shares
Director’s direct Flexsteel Common Stock holdings following the award
Transaction code
A
Denotes grant, award, or other acquisition of Common Stock
Transaction date
2026-06-11
Date of the Common Stock grant reported on Form 4
Key Terms
Grant, award, or other acquisition, non-executive director compensation, Common Stock, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
non-executive director compensation financial
"Shares awarded as part of quarterly non-executive director compensation."
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FLEXSTEEL INDUSTRIES (FLXS) report for Michael Scott Culbreth?
Flexsteel reported that director Michael Scott Culbreth received 395 shares of Common Stock. These shares were granted as part of his quarterly non-executive director compensation, rather than purchased on the open market for cash.
Was the FLXS insider transaction a stock purchase or a compensation grant?
The transaction was a compensation grant. Michael Scott Culbreth was awarded 395 shares of Flexsteel Common Stock as part of quarterly non-executive director compensation, with a reported price per share of $0.0000, indicating no cash outlay.
What does transaction code "A" mean in the FLXS Form 4 for Michael Scott Culbreth?
Transaction code "A" on the Form 4 indicates a grant, award, or other acquisition. In this case, it represents 395 shares of Flexsteel Common Stock granted to Culbreth as quarterly non-executive director compensation, not an open-market trade.