Flexsteel (FLXS) director Culbreth gifts 350 shares, retains over 13K

Rhea-AI Filing Summary

FLEXSTEEL INDUSTRIES INC director Michael Scott Culbreth reported a bona fide gift of 350 shares of Common Stock. The gift carried a stated price of $0.00 per share, reflecting that it was a non-cash transfer. After this disposition, he directly holds 13,339.023 shares of Flexsteel common stock.

Insider Trade Summary

350 shares gifted

Mixed 1 txn

Insider Culbreth Michael Scott

Role null

Type	Security	Shares	Price	Value
Gift	Common Stock	350	$0.00	--

Holdings After Transaction: Common Stock — 13,339.023 shares (Direct, null)

Footnotes (1)

Key Figures

Shares gifted: 350 shares Gift price per share: $0.00 per share Shares held after transaction: 13,339.023 shares +2 more

5 metrics

Shares gifted 350 shares Bona fide gift of Common Stock

Gift price per share $0.00 per share Non-cash gift transfer

Shares held after transaction 13,339.023 shares Direct ownership following gift

Transaction code G (bona fide gift) Form 4 non-derivative Common Stock

Transaction date 2026-05-04 Date of gift disposition

Key Terms

bona fide gift, Common Stock, Form 4, transaction code G

4 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

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.

transaction code G regulatory

"transaction_code: "G""

Form 4 Insider Transactions: What Each Field Means →

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/04/2026		G		350	D	$0	13,339.023	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:

	/s/ Jennifer Zeman, attorney-in-fact	05/04/2026
	** 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)

FAQ

What insider transaction did FLEXSTEEL (FLXS) director Michael Scott Culbreth report?

Director Michael Scott Culbreth reported a bona fide gift of 350 shares of FLEXSTEEL Common Stock. This non-cash transfer was recorded at $0.00 per share and is classified as a gift disposition rather than an open-market sale or purchase.

How many FLEXSTEEL (FLXS) shares did the director gift in this Form 4 filing?

The Form 4 shows that the director gifted 350 shares of FLEXSTEEL Common Stock. This transaction is coded as a bona fide gift, meaning the shares were transferred without cash consideration, consistent with personal or charitable gifting activity.

What are Michael Scott Culbreth’s FLEXSTEEL (FLXS) holdings after the reported gift?

Following the reported gift of 350 shares, Michael Scott Culbreth directly holds 13,339.023 shares of FLEXSTEEL Common Stock. This figure reflects his remaining direct ownership as disclosed in the Form 4 after the non-cash gift transfer.

Was the FLEXSTEEL (FLXS) director’s transaction a market sale or a gift?

The transaction was a bona fide gift, not a market sale. It is identified with transaction code G on the Form 4, labeled as a gift transfer with a price per share of $0.00, indicating no cash proceeds were received.

Does the FLEXSTEEL (FLXS) Form 4 indicate any insider buying or selling activity?

The Form 4 indicates no insider buying or open-market selling. It reports only a single bona fide gift of 350 shares, classified as a dispose-type transaction, which reduces holdings through a non-cash transfer rather than a trade on the open market.