Jeffrey T. Bertsch consolidates 310,241 FLXS shares (5.9%)

Rhea-AI Filing Summary

Flexsteel Industries Inc. Schedule 13G/A discloses that Jeffrey T. Bertsch (personally and as trustee of the JTB Revocable Trust) reports beneficial ownership of 310,241 shares, representing 5.9% of the company's common stock. The filing states these shares carry sole voting and dispositive power and were reported following the dissolution of the Frank H. Bertsch Trust No. 2, which distributed a portion of its holdings to the JTB Revocable Trust so the terminated trust now holds 0 shares. The report certifies the holdings were not acquired to change or influence control and is signed by Mr. Bertsch as trustee on 10/08/2025.

Positive

• Consolidated beneficial ownership increased clarity: 310,241 shares (5.9%) now held with sole voting/dispositive power
• Terminated trust redistributed shares and now reports 0 shares, simplifying the ownership structure

Negative

• None.

Insights

Corporate Governance Specialist

Beneficial ownership consolidation after trust dissolution; control stance unchanged.

The dissolution of the prior trust shifted shares into the JTB Revocable Trust, consolidating beneficial ownership of 310,241 shares with sole voting and disposition rights. That concentration reaches 5.9% of the class, a regulatory threshold that requires public reporting but does not itself imply control.

This filing includes a formal certification that the shares were not acquired to affect control. Watch near-term filings for any follow-up Schedule 13D or Form 4s that would indicate changes in intent or additional transactions within the next reporting cycle.

Equity Investor Relations Analyst

Minor but reportable ownership stake; limited direct market impact.

A 5.9% stake is material for disclosure but typically does not alter governance or strategy by itself. The filing clarifies voting and dispositive power are sole to Mr. Bertsch, which simplifies shareholder engagement logistics.

Investors may note the date of the transfer event (10/07/2025) and the signature on 10/08/2025; subsequent insider transaction filings would be the relevant item to monitor over the next weeks for changes in stake size or intent.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

FLEXSTEEL INDUSTRIES INC

(Name of Issuer)

Common Stock, $1.00 Par Value

(Title of Class of Securities)

339382103

(CUSIP Number)

10/07/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 339382103

1

Names of Reporting Persons

Jeffrey T. Bertsch Amended and Restated Trust Agreement dated December 26, 1987

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ARIZONA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 310,241.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 310,241.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

310,241.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 339382103

1

Names of Reporting Persons

Jeffrey T. Bertsch

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 310,241.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 310,241.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

310,241.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.9 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP No. 339382103

1

Names of Reporting Persons

Frank H. Bertsch Trust, No. 2 dated January 25, 1974

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

IOWA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: On October 7, 2025, the Frank H. Bertsch Trust, No. 2 dated January 25, 1974 (the "Terminated FHB Trust") was dissolved and a portion of the shares previously held by it were distributed to the Jeffrey T. Bertsch Amended and Restated Trust Agreement dated December 26, 1987 (the "JTB Revocable Trust"). As a result, the Terminated FHB Trust no longer beneficially owns any shares of the issuer's common stock. Each of the JTB Revocable Trust and Jeffrey T. Bertsch, who is trustee of the JTB Revocable Trust and has sole power to vote and dispose of the shares held by the JTB Revocable Trust, remains a beneficial owner of more than 5 percent of the class of securities.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FLEXSTEEL INDUSTRIES INC
(b)	Address of issuer's principal executive offices: 385 BELL ST. DUBUQUE, IA, 52001
Item 2.
(a)	Name of person filing: Jeffrey T. Bertsch Amended and Restated Trust Agreement dated December 26, 1987 (the "JTB Revocable Trust") Jeffrey T. Bertsch Frank H. Bertsch Trust #2 (the "Terminated FHB Trust")
(b)	Address or principal business office or, if none, residence: c/o Barack Ferrazzano Kirschbaum & Nagelberg LLP, 200 W Madison St, Chicago, IL 60606
(c)	Citizenship: Jeffrey T. Bertsch is a United States citizen. The JTB Trust is domiciled in Arizona. The Terminated FHB Trust was domiciled in Iowa.
(d)	Title of class of securities: Common Stock, $1.00 Par Value
(e)	CUSIP No.: 339382103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 310,241
(b)	Percent of class: 5.9%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 310,241
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 310,241
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Jeffrey T. Bertsch Amended and Restated Trust Agreement dated December 26, 1987

Signature:	/s/ Jeffrey T. Bertsch
Name/Title:	Jeffrey T. Bertsch, Trustee
Date:	10/08/2025

Jeffrey T. Bertsch

Signature:	/s/ Jeffrey T. Bertsch
Name/Title:	Jeffrey T. Bertsch
Date:	10/08/2025

Frank H. Bertsch Trust, No. 2 dated January 25, 1974

Signature:	/s/ Jeffrey T. Bertsch
Name/Title:	Jeffrey T. Bertsch, Trustee
Date:	10/08/2025

Signature:	/s/ F. Brooks Bertsch
Name/Title:	F. Brooks Bertsch, Trustee
Date:	10/08/2025

FAQ

What stake in FLXS does Jeffrey T. Bertsch report?

He reports beneficial ownership of 310,241 shares, representing 5.9% of common stock.

Does this Schedule 13G/A indicate a change of control at Flexsteel (FLXS)?

No. The filing includes a certification that the shares were not acquired to change or influence control; it reports ownership only.

Why was the filing required on 10/07/2025?

Because the JTB Revocable Trust and Mr. Bertsch became beneficial owners above the 5% reporting threshold, requiring public disclosure.

What happened to the Frank H. Bertsch Trust No. 2 holdings?

The terminated trust was dissolved and a portion of its shares were distributed to the JTB Revocable Trust; the terminated trust now beneficially owns 0 shares.

Who has voting and dispositive power over these shares?

The filing states sole voting power and sole dispositive power for the reported 310,241 shares.