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[Form 4] Flexsteel Industries Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Michael Joseph McClaflin, Chief Information Officer and director of Flexsteel Industries (FLXS), reported share transactions on 08/22/2025. He acquired 8,899 shares with a reported price of $0, bringing his beneficial ownership to 40,479 shares, and disposed of 4,303 shares at $43.97, leaving 36,176 shares beneficially owned after the transactions. The Form 4 was signed by an attorney-in-fact, Jennifer Zeman, on 08/26/2025.

Positive

  • Acquisition increased reported beneficial ownership to 40,479 shares
  • Filing completed by reporting person through authorized attorney-in-fact signature on 08/26/2025

Negative

  • Sale of 4,303 shares at $43.97 reduced beneficial ownership to 36,176 shares

Insights

TL;DR: Insider reported a mix of award/transfer and a sale on 08/22/2025, netting a higher then lower post-transaction ownership figure.

The filing shows a non-derivative acquisition of 8,899 shares at a reported price of $0, consistent with a grant, award or other non-cash issuance, and a separate reported disposition of 4,303 shares at $43.97. Beneficial ownership moved from the pre-transaction level to 40,479 shares after the acquisition and to 36,176 shares after the sale. Transactions were reported by a single reporting person and the form was executed by an attorney-in-fact.

TL;DR: Director/officer activity disclosed; filing is routine Section 16 reporting of non-derivative transactions.

The report identifies the reporting person as both an officer (Chief Information Officer) and a director of the issuer. The Form 4 records standard non-derivative entries: an acquisition with a $0 price and a separate sale at $43.97. The document includes the reporting signature by an attorney-in-fact dated 08/26/2025. No derivative positions or additional discretionary plans are reported in the filing.

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*
McClaflin Michael Joseph

(Last) (First) (Middle)
385 BELL ST

(Street)
DUBUQUE IA 52001

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FLEXSTEEL INDUSTRIES INC [ FLXS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Information Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/22/2025 A 8,899 A $0 40,479 D
Common Stock 08/22/2025 F 4,303 D $43.97 36,176 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 08/26/2025
** 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.

FAQ

What transactions did Michael J. McClaflin report on Form 4 for FLXS?

He reported a non-derivative acquisition of 8,899 shares at a reported price of $0 and a disposition of 4,303 shares at $43.97, both dated 08/22/2025.

What is Michael McClaflin's role at Flexsteel Industries (FLXS)?

The Form 4 lists him as a Director and the Chief Information Officer of Flexsteel Industries.

How many FLXS shares does McClaflin beneficially own after these transactions?

The filing shows 36,176 shares beneficially owned following the reported sale and acquisition.

When was the Form 4 signed and by whom?

The Form 4 was signed by Jennifer Zeman, attorney-in-fact on 08/26/2025.

Did the Form 4 report any derivative securities for McClaflin?

No. Table II for derivative securities contains no reported entries in this filing.
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199.95M
3.50M
30.33%
51.99%
0.99%
Furnishings, Fixtures & Appliances
Household Furniture
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United States
DUBUQUE