Flexsteel VP exercises 3,826 shares, disposes 1,757
FLEXSTEEL INDUSTRIES INC executive Stacy Marie Kammes reported routine equity compensation activity.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC executive Stacy Marie Kammes reported routine equity compensation activity. On June 30, 2026, she exercised restricted stock units covering a total of 3,826 shares of common stock and had 1,757 shares withheld to satisfy tax obligations. On July 1, 2026, she received a new grant of 1,381 restricted stock units, each representing a contingent right to one share of common stock, with future vesting tied to service-based schedules.
Insider Trade Summary
3,826 shares exercised/converted
Exercise
6 txns
Insider
Kammes Stacy Marie
Role
VP Talent, Customer Experience
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,381 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,067 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 759 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,067 | $0.00 | $0.00 |
| Exercise | Common Stock | 759 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,757 | $74.48 | $131K |
Holdings After Transaction:
Restricted Stock Units — 2,900 contracts (Direct);
Common Stock — 30,415 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, 3,067 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
RSU exercises: 3,826 shares
Tax withholding shares: 1,757 shares
New RSU grant: 1,381 units
+2 more
5 metrics
RSU exercises
3,826 shares
Restricted stock units converted to common stock on June 30, 2026
Tax withholding shares
1,757 shares
Shares withheld to satisfy tax liability on June 30, 2026
New RSU grant
1,381 units
Restricted stock units granted July 1, 2026
Exercise transactions
2 transactions, 3,826 shares
Aggregate derivative exercises from transactionSummary
Tax-withholding transactions
1 transaction, 1,757 shares
Tax-withholding disposition from transactionSummary
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."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
