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[Form 4] Flexsteel Industries Insider Trading Activity

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

Rhea-AI Filing Summary

Flexsteel Industries (FLXS) director Michael Scott Culbreth reported a sale of 700 shares on 08/21/2025. After the transaction, he beneficially owned 12,052.023 shares, held directly. The Form 4 was signed by an attorney-in-fact on 08/22/2025. The filing reports a non-derivative disposition at a $0 price field (standard reporting format when price not reported on form), and indicates the reporting person is a director.

Positive

  • None.

Negative

  • Reported sale of 700 common shares by a company director on 08/21/2025, reducing direct beneficial ownership to 12,052.023 shares

Insights

TL;DR: A routine director share sale of 700 shares was reported; size appears immaterial relative to a typical company cap structure.

The Form 4 shows a non-derivative disposition of 700 common shares by Director Michael Scott Culbreth, leaving him with 12,052.023 shares direct. The filing gives basic transaction detail and does not disclose proceeds or a plan basis. This is a standard Section 16 disclosure and, standing alone, does not indicate a change in company fundamentals.

TL;DR: Disclosure is complete for the reported transaction; no governance issues are apparent from this single Form 4.

The filing identifies the reporting person as a director and documents the sale on 08/21/2025. The signature was provided by an attorney-in-fact, which is an accepted practice. There are no indications of related-party transactions, derivative activity, or changes in control from this report.

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 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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
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 08/21/2025 G 700 D $0 12,052.023 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 08/22/2025
** 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 transaction did Michael Scott Culbreth report on Form 4 for FLXS?

He reported a non-derivative disposition of 700 common shares on 08/21/2025.

How many FLXS shares does the reporting director own after the transaction?

12,052.023 shares beneficially owned following the reported sale.

When was the Form 4 signed for the reported FLXS transaction?

The form was signed by an attorney-in-fact on 08/22/2025.

Did the Form 4 report any derivative transactions or option activity for FLXS?

No. Table II for derivative securities contains no entries in this filing.

Is the reporting person an officer or director of FLXS?

Yes. The filing indicates the reporting person is a director.
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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