What are David Crimmins’ direct FLEXSTEEL (FLXS) share holdings after these transactions?

After the reported transactions, David Crimmins directly held 35,950 shares of FLEXSTEEL INDUSTRIES INC common stock. This figure reflects the net position following RSU vesting, derivative exercises into common shares, and the tax-withholding disposition of 2,796 shares.

FLXS officer reports RSU grant and vesting

FLEXSTEEL INDUSTRIES INC Chief Growth Officer David Edward Crimmins reported compensation-related equity activity, including new restricted stock units and the vesting of earlier awards.

Accepted by SEC EDGAR 07/02/2026 - 05:27 PM EDT

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

FLEXSTEEL INDUSTRIES INC Chief Growth Officer David Edward Crimmins reported compensation-related equity activity, including new restricted stock units and the vesting of earlier awards. He received a grant of 1,979 restricted stock units (RSUs), each representing one share of FLXS common stock.

On June 30, 2026, previously granted service-based RSUs vested and were exercised into 6,058 shares of common stock, while 2,796 shares were withheld at $74.48 per share to cover tax obligations. Following these transactions, Crimmins directly held 35,950 shares of FLXS common stock. These entries reflect grants, vesting and tax withholding rather than open-market buying or selling.

Insider Trade Summary

6,058 shares exercised/converted

Exercise 6 txns

Insider Crimmins David Edward

Role Chief Growth Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,979	$0.00	$0.00
Exercise	Restricted Stock Units	4,960	$0.00	$0.00
Exercise	Restricted Stock Units	1,098	$0.00	$0.00
Exercise	Common Stock	4,960	$0.00	$0.00
Exercise	Common Stock	1,098	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	2,796	$74.48	$208K

Holdings After Transaction: Restricted Stock Units — 4,175 contracts (Direct); Common Stock — 35,950 shares (Direct)

Footnotes (4)

F1. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
F2. On 7/1/2023, 4,960 restricted stock units were granted. The restricted stock units vested on June 30, 2026.
F3. Vesting of service-based restricted stock units granted July 1, 2025, 33 1/3% of which vest on June 30, 2026, June 30, 2027, and June 30, 2028.
F4. Award of service-based restricted stock units, 33 1/3% of which vest on June 30, 2027, June 30, 2028, and June 30, 2029.

Key Figures

New RSU grant: 1,979 RSUs Shares from RSU exercises: 6,058 shares Tax-withheld shares: 2,796 shares at $74.48 +2 more

5 metrics

New RSU grant 1,979 RSUs Award to Chief Growth Officer; each RSU equals one FLXS share

Shares from RSU exercises 6,058 shares Total shares acquired via vested restricted stock units

Tax-withheld shares 2,796 shares at $74.48 Shares delivered to cover tax liability on equity vesting

Post-transaction holdings 35,950 shares Direct FLXS common stock held after tax-withholding disposition

2023 RSU grant vested 4,960 RSUs Granted 7/1/2023; vested on June 30, 2026 per footnote

Key Terms

Restricted Stock Units, tax-withholding disposition, derivative security, service-based restricted stock units

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share of FLXS common stock."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"Payment of exercise price or tax liability by delivering securities."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

derivative security financial

"Exercise or conversion of derivative security."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

service-based restricted stock units financial

"Vesting of service-based restricted stock units granted July 1, 2025, 33 1/3% of which vest..."

Service-based restricted stock units are promises by a company to give employees shares of stock only after they remain employed for a specified period; the stock is delivered gradually or all at once once the service condition is met. Investors care because these awards affect future share supply and company costs, align employee interests with long-term performance, and can influence dilution and earnings reports when the promised shares are recorded or issued.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did FLXS Chief Growth Officer David Crimmins receive in this Form 4?

David Crimmins received a grant of 1,979 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of FLEXSTEEL INDUSTRIES INC (FLXS) common stock, subject to service-based vesting conditions described in the filing’s footnotes.

How many FLEXSTEEL (FLXS) shares vested or were exercised for David Crimmins?

A total of 6,058 shares of FLXS common stock were acquired through the exercise of vested restricted stock units. These included 4,960 RSUs granted on July 1, 2023 and additional service-based units that vested on June 30, 2026, as detailed in the footnotes.

How many FLEXSTEEL (FLXS) shares were withheld for taxes in this Form 4?

2,796 shares of FLXS common stock were disposed of via tax-withholding. The filing shows these shares withheld at $74.48 per share to satisfy tax obligations related to the vesting and exercise of equity awards, rather than being sold in the open market.

Are the FLXS transactions by David Crimmins open-market buys or sells?

The transactions are primarily grant, vesting, exercise, and tax-withholding entries, not open-market trades. RSUs were granted and converted into common shares, and 2,796 shares were withheld to cover tax liabilities, so no open-market buying or selling is indicated here.

What do the FLEXSTEEL (FLXS) restricted stock unit footnotes explain?

The footnotes explain that each RSU equals one FLXS share and describe service-based vesting schedules. They note a 4,960-unit grant from July 1, 2023 that vested June 30, 2026, and other grants where one-third vests annually in 2026, 2027, 2028, and later years.

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

Form 4 Insider Transactions: What Each Field Means →

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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^*

Crimmins David Edward

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Growth Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/30/2026		M		4,960	A	⁽¹⁾	37,648	D
Common Stock	06/30/2026		M		1,098	A	⁽¹⁾	38,746	D
Common Stock	06/30/2026		F		2,796	D	$74.48	35,950	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/30/2026		M			4,960	⁽²⁾	⁽²⁾	Common Stock	4,960	⁽¹⁾	0	D
Restricted Stock Units	⁽¹⁾	06/30/2026		M			1,098	⁽³⁾	⁽³⁾	Common Stock	1,098	⁽¹⁾	2,196	D
Restricted Stock Units	⁽¹⁾	07/01/2026		A		1,979		⁽⁴⁾	⁽⁴⁾	Common Stock	1,979	⁽¹⁾	1,979	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.

2. On 7/1/2023, 4,960 restricted stock units were granted. The restricted stock units vested on June 30, 2026.

3. Vesting of service-based restricted stock units granted July 1, 2025, 33 1/3% of which vest on June 30, 2026, June 30, 2027, and June 30, 2028.

4. Award of service-based restricted stock units, 33 1/3% of which vest on June 30, 2027, June 30, 2028, and June 30, 2029.

	/s/ Jennifer Zeman, attorney-in-fact	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR