[Form 4] Flexsteel Industries Insider Trading Activity
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.