Flexsteel CIO granted 13,482 shares of stock
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) reported that Chief Information Officer Michael Joseph McClaflin received a grant of 13,482 shares of Common Stock on August 19, 2026, at no cost per share, and on the same date 6,353 shares were delivered or withheld at $78.17 per share for payment of exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McClaflin Michael Joseph
Role
Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,482 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,353 | $78.17 | $497K |
Holdings After Transaction:
Common Stock — 43,026 shares (Direct)
Key Figures
Shares acquired via grant: 13,482 shares of Common Stock
Grant price per share: $0.0000 per share
Shares delivered or withheld: 6,353 shares of Common Stock
+2 more
5 metrics
Shares acquired via grant
13,482 shares of Common Stock
Grant, award, or other acquisition (code A) on August 19, 2026
Grant price per share
$0.0000 per share
Common Stock grant to Michael Joseph McClaflin
Shares delivered or withheld
6,353 shares of Common Stock
Code F transaction on August 19, 2026
Code F transaction price
$78.1700 per share
Payment of exercise price or tax liability by delivering or withholding securities
Exercise-price-or-tax-liability shares
6,353 shares
ExercisePriceOrTaxLiabilityShares in transaction summary
Key Terms
Grant, award, or other acquisition, Payment of exercise price or tax liability by delivering or withholding securities, Form 4, Rule 10b5-1
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering"
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.
Rule 10b5-1 regulatory
"aff_10b5_one is the filing's document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did FLXS report for Michael Joseph McClaflin on August 19, 2026?
On August 19, 2026, Michael Joseph McClaflin received a grant of 13,482 shares of FLEXSTEEL INDUSTRIES INC Common Stock and had 6,353 shares delivered or withheld to cover exercise price or tax liability.
Were Michael Joseph McClaflin’s FLXS transactions reported as buys or sells?
The filing shows no open-market buys or sells. It reports an acquisition of 13,482 shares through a grant (code A) and a disposition of 6,353 shares (code F) for payment of exercise price or tax liability.
Is the FLXS Form 4 filed under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), indicating these FLEXSTEEL INDUSTRIES INC transactions were not affirmed as being made under a Rule 10b5-1 trading plan in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.