Flexsteel (NASDAQ: FLXS) CIO sells 500 shares in August trade
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) insider Michael Joseph McClaflin, Chief Information Officer, reported a sale of 500 shares of common stock on 2026-08-20. The shares were sold at $79.66 per share in an open-market or private transaction, leaving him with 35,897 shares held directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 500 shares
Net Sell
1 txn
Insider
McClaflin Michael Joseph
Role
Chief Information Officer
Sold
500 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 500 | $79.66 | $40K |
Holdings After Transaction:
Common Stock — 35,897 shares (Direct)
Key Figures
Shares sold: 500 shares
Sale price per share: $79.66 per share
Shares held after transaction: 35,897 shares
3 metrics
Shares sold
500 shares
Common Stock sale on 2026-08-20 by Michael Joseph McClaflin
Sale price per share
$79.66 per share
Price for the 500 FLXS shares sold on 2026-08-20
Shares held after transaction
35,897 shares
Direct ownership reported following the sale
Key Terms
Form 4, open market or private transaction, direct ownership
3 terms
Form 4 regulatory
"reported in a Form 4 insider transaction filing"
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.
open market or private transaction financial
"Sale in open market or private transaction"
direct ownership financial
"the holdings reported as direct ownership after the sale"
FAQ
What insider transaction did FLXS report for Michael Joseph McClaflin?
Michael Joseph McClaflin, Chief Information Officer of FLEXSTEEL INDUSTRIES INC, reported a sale of 500 shares of FLXS common stock on 2026-08-20 in an open-market or private transaction, as disclosed in a Form 4 filing.
What is Michael Joseph McClaflin’s role at FLEXSTEEL INDUSTRIES INC (FLXS)?
Michael Joseph McClaflin is reported as an officer of FLEXSTEEL INDUSTRIES INC, serving in the role of Chief Information Officer, in connection with this Form 4 insider transaction.
Was the FLXS insider sale under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed (set to false), meaning the sale of 500 FLXS shares by Michael Joseph McClaflin is not reported as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.