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Flexsteel (FLXS) director awarded 544-share quarterly stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

FLEXSTEEL INDUSTRIES INC director receives stock grant as compensation

Director Michael Scott Culbreth acquired 544 shares of Flexsteel common stock on March 12, 2026 through a grant awarded as part of quarterly non-executive director compensation. The shares were recorded at a price of $0.00 per share, indicating a non-cash award. Following this grant, Culbreth directly holds a total of 13,689.023 common shares.

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SEC Form 4
FORM 4 UNITED 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 IA 52001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FLEXSTEEL INDUSTRIES INC [ FLXS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 A 544(1) A $0 13,689.023 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares awarded as part of quarterly non-executive director compensation.
/s/ Jennifer Zeman, attorney-in-fact 03/13/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did FLEXSTEEL INDUSTRIES INC (FLXS) report for Michael Scott Culbreth?

Flexsteel reported that director Michael Scott Culbreth received a grant of 544 shares of common stock. The award was part of his quarterly non-executive director compensation and was not an open-market purchase or sale.

How many FLEXSTEEL INDUSTRIES INC (FLXS) shares does Michael Scott Culbreth hold after this Form 4?

After the stock grant, Michael Scott Culbreth directly holds 13,689.023 shares of Flexsteel common stock. This updated total reflects the addition of 544 shares awarded as quarterly non-executive director compensation.

Was the FLEXSTEEL INDUSTRIES INC (FLXS) Form 4 transaction a stock purchase or compensation grant?

The Form 4 transaction was a compensation grant, not a stock purchase. Michael Scott Culbreth received 544 shares of common stock as part of his quarterly non-executive director compensation package at a recorded price of $0.00 per share.

Does the FLEXSTEEL INDUSTRIES INC (FLXS) Form 4 show any insider stock sales?

The Form 4 does not show any insider stock sales. It reports only an acquisition of 544 common shares by director Michael Scott Culbreth through a grant classified as quarterly non-executive director compensation.

How is the FLEXSTEEL INDUSTRIES INC (FLXS) director stock grant described in the Form 4 footnotes?

The footnote explains that the 544 shares were awarded as part of quarterly non-executive director compensation. This clarifies that the transaction is a routine equity grant tied to board service rather than a discretionary market trade.
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245.79M
3.49M
Furnishings, Fixtures & Appliances
Household Furniture
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United States
DUBUQUE