Flexsteel CEO granted 27,480 shares of stock
FLEXSTEEL INDUSTRIES INC (FLXS) reported insider equity activity by President & CEO Derek P. Schmidt on August 19, 2026.
Rhea-AI Filing Summary
FLEXSTEEL INDUSTRIES INC (FLXS) reported insider equity activity by President & CEO Derek P. Schmidt on August 19, 2026. Schmidt received a grant of 27,480 shares of Common Stock at no stated purchase price, characterized as a grant or award.
On the same date, 11,858 shares of Common Stock were delivered or withheld for payment of exercise price or tax liability at $78.17 per share. The filing also lists indirect holdings following the reporting date, including shares held in a Christine Schmidt IRA, a Derek Schmidt 401(k), and a Derek Schmidt IRA.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Schmidt Derek P
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 27,480 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,858 | $78.17 | $927K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 178,281 shares (Direct);
Common Stock — 1,080.977 shares (Indirect, Christine Schmidt IRA);
Common Stock — 60,912.6509 shares (Indirect, Derek Schmidt 401(k));
Common Stock — 1,096.065 shares (Indirect, Derek Schmidt IRA)
Key Figures
Grant shares: 27,480 shares of Common Stock
Shares delivered or withheld: 11,858 shares of Common Stock
Price per share for exercise or tax payment: $78.17 per share
+3 more
6 metrics
Grant shares
27,480 shares of Common Stock
Grant, award, or other acquisition on August 19, 2026
Shares delivered or withheld
11,858 shares of Common Stock
Payment of exercise price or tax liability on August 19, 2026
Price per share for exercise or tax payment
$78.17 per share
For 11,858 shares delivered or withheld
Indirect holding – Christine Schmidt IRA
1,080.977 shares of Common Stock
Indirect ownership reported as of August 19, 2026
Indirect holding – Derek Schmidt 401(k)
60,912.6509 shares of Common Stock
Indirect ownership reported as of August 19, 2026
Indirect holding – Derek Schmidt IRA
1,096.065 shares of Common Stock
Indirect ownership reported as of August 19, 2026
Key Terms
Grant, award, or other acquisition, Payment of exercise price or tax liability, indirect ownership, 401(k), +1 more
5 terms
Grant, award, or other acquisition financial
"transaction code description "Grant, award, or other acquisition""
Payment of exercise price or tax liability financial
"transaction code description "Payment of exercise price or tax liability""
indirect ownership financial
"ownership_type marked as "indirect" for IRA and 401(k) holdings"
401(k) financial
"nature_of_ownership listed as "Derek Schmidt 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
IRA financial
"nature_of_ownership listed as "Christine Schmidt IRA" and "Derek Schmidt IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
What insider transactions did FLXS CEO Derek Schmidt report on August 19, 2026?
Derek P. Schmidt reported a grant of 27,480 Common Stock shares at no stated price and a disposition where 11,858 shares were delivered or withheld to pay exercise price or tax liability at $78.17 per share.
Were Derek Schmidt’s FLXS transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked, so the reported transactions are not affirmatively identified as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
