[Form 4] Flexsteel Industries Insider Trading Activity

Rhea-AI Filing Summary

Flexsteel Industries insider activity by President & CEO Derek P. Schmidt

The filing reports that Mr. Schmidt acquired 18,784 shares of Flexsteel common stock on 08/22/2025 at a reported price of $0 (transaction code A), increasing his direct beneficial ownership to 163,625 shares. On the same date he disposed of 8,106 shares at $43.97, leaving 155,519 shares held directly. The form also shows indirect holdings: 1,080.977 shares held in Christine Schmidt IRA, 60,912.6509 shares in a Derek Schmidt 401(k), and 1,096.065 shares in a Derek Schmidt IRA. The form is signed by an attorney-in-fact.

Insights

Securities Analyst

TL;DR: CEO executed both an acquisition and a sale on the same date, netting an increase in direct holdings.

Mr. Schmidt reported an 08/22/2025 acquisition of 18,784 shares (code A) and a contemporaneous sale of 8,106 shares at $43.97 (code F), resulting in a net increase of 10,679 shares in his direct position. The filing discloses additional indirect holdings across IRAs and a 401(k), which materially increase his overall alignment with the company. The acquisition reported at a $0 price likely reflects a non-cash transfer or grant as indicated by the transaction code; the sale provides a clear cash-price reference.

From an investor-disclosure perspective, the filing transparently reports both purchase and sale activity and shows concentrated insider ownership when combining direct and indirect holdings. No derivative transactions were reported.

Corporate Governance Expert

TL;DR: Insider remained a significant shareholder and reported mixed transactions; disclosures appear complete for listed items.

The Form 4 lists both acquisitions and dispositions by the President & CEO, with detailed share counts for direct and indirect holdings. The presence of sizable indirect accounts (IRAs and a 401(k)) indicates multi-account ownership that should be aggregated when assessing total insider exposure. The form includes an attorney-in-fact signature, which is acceptable for filings when properly authorized. There are no listed option or other derivative exercises.

All reported transactions reference the same transaction date and provide prices where applicable; the filing does not include additional explanatory notes beyond the tabulated entries.

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^*

Schmidt Derek P

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

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		18,784	A	$0	163,625	D
Common Stock	08/22/2025		F		8,106	D	$43.97	155,519	D
Common Stock								1,080.977	I	Christine Schmidt IRA
Common Stock								60,912.6509	I	Derek Schmidt 401(k)
Common Stock								1,096.065	I	Derek Schmidt IRA

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.