FLEXSTEEL (NASDAQ: FLXS) director awarded 395 shares in quarterly compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Creekmuir William S. reported acquisition or exercise transactions in this Form 4 filing.
FLEXSTEEL INDUSTRIES INC director William S. Creekmuir received an award of 395 shares of Common Stock as part of quarterly non-executive director compensation. The shares were granted at no cash cost to him and are held directly. Following this grant, he directly owns 32,384 shares of the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Creekmuir William S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 395 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,384 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares awarded: 395 shares
Award price per share: $0.0000 per share
Total holdings after award: 32,384 shares
3 metrics
Shares awarded
395 shares
Quarterly non-executive director compensation
Award price per share
$0.0000 per share
Reported grant price
Total holdings after award
32,384 shares
Director’s direct Common Stock holdings post-transaction
Key Terms
Grant, award, or other acquisition, Common Stock, non-executive director compensation
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
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.
non-executive director compensation financial
"Shares awarded as part of quarterly non-executive director compensation."
FAQ
What insider transaction did FLEXSTEEL (FLXS) report for William S. Creekmuir?
FLEXSTEEL reported that director William S. Creekmuir received 395 shares of Common Stock. The award was part of his quarterly non-executive director compensation and did not involve a cash purchase, increasing his direct holdings to 32,384 shares.
Was the FLXS insider transaction a purchase or a compensation award?
The FLXS insider transaction was a compensation award, not a market purchase. Director William S. Creekmuir received 395 shares of Common Stock as part of quarterly non-executive director compensation, with a reported price of $0.0000 per share in the filing.
What does transaction code "A" mean in the FLEXSTEEL (FLXS) Form 4?
In the FLEXSTEEL Form 4, transaction code "A" indicates a grant, award, or other acquisition. Here, it reflects 395 Common Stock shares awarded to director William S. Creekmuir as part of quarterly non-executive director compensation, not a cash-funded stock purchase.
Is the FLEXSTEEL (FLXS) director award a direct or indirect holding?
The FLEXSTEEL director award is a direct holding. The Form 4 lists the 395-share Common Stock grant to William S. Creekmuir with ownership type marked as direct, meaning the shares are held in his name rather than through an intermediary entity or trust.