Flexsteel director gets 321-share pay grant
FLEXSTEEL INDUSTRIES INC (FLXS) reported that director Kangala Anand S received a grant of 321 shares of common stock on September 16, 2026 as part of quarterly non-executive director compensation.
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) reported that director Kangala Anand S received a grant of 321 shares of common stock on September 16, 2026 as part of quarterly non-executive director compensation. The shares were acquired at a reported price of $0.00 per share, bringing the director's direct holdings to 321 shares. No Rule 10b5-1 trading plan is reported for this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 321 shares
Grant/Award
1 txn
Insider
Kangala Anand S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 321 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 321 shares (Direct)
Footnotes (1)
- F1. Shares awarded as part of quarterly non-executive director compensation.
Key Figures
Shares granted: 321 shares
Transaction price per share: $0.00 per share
Shares owned after transaction: 321 shares
+1 more
4 metrics
Shares granted
321 shares
Common stock grant to director on September 16, 2026
Transaction price per share
$0.00 per share
Reported price for the 321-share director compensation award
Shares owned after transaction
321 shares
Director’s direct holdings following the September 16, 2026 grant
Transactions acquiring shares
1 transaction
One reported acquisition transaction in this Form 4
Key Terms
non-executive director compensation, grant, award, or other acquisition, Rule 10b5-1
3 terms
non-executive director compensation financial
"Shares awarded as part of quarterly non-executive director compensation"
grant, award, or other acquisition financial
"Transaction classified as a grant, award, or other acquisition of shares"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported for this award"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FLXS disclose for Kangala Anand S?
FLXS disclosed that director Kangala Anand S received a grant of 321 shares of common stock on September 16, 2026, classified as a grant, award, or other acquisition and reported at $0.00 per share as part of quarterly non-executive director compensation.
Was the FLXS insider stock award to Kangala Anand S made under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as being under a plan, and there is no indication in the footnotes that the September 16, 2026 grant was made pursuant to a Rule 10b5-1 trading plan.
Is the FLXS transaction for Kangala Anand S a purchase or a compensation grant?
It is a compensation grant. The transaction is coded as a grant, award, or other acquisition, and a footnote explains the 321 shares were awarded as part of quarterly non-executive director compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.