FLXS Trustee Reports 410,815-Share Stake (7.8%) in Schedule 13G/A

Rhea-AI Filing Summary

Schedule 13G/A filed for Flexsteel Industries Inc (FLXS) reports that Steven H. Bertsch and the Steven H. Bertsch Declaration of Trust dated November 6, 2020 beneficially own 410,815 shares of common stock, representing 7.8% of the class. The filing states the reporting persons have sole voting and sole dispositive power over all 410,815 shares and that the holdings were not acquired to change or influence control of the issuer. The filing lists the trustee and trust as the reporting parties and gives a business address c/o counsel in Chicago. The statement is certified by Steven H. Bertsch with signatures dated 10/08/2025.

Positive

• Beneficial ownership disclosed at 410,815 shares, providing transparency to investors
• Sole voting and dispositive power is clearly stated, removing ambiguity about control of the shares

Negative

• None.

Insights

Equity Ownership Analyst

Trust reports a >5% stake with sole control of shares.

The filing documents that Steven H. Bertsch and the associated trust directly beneficially own 410,815 shares, equal to 7.8% of the outstanding common stock, with sole voting and dispositive power. That level of ownership exceeds the 5% reporting threshold that notifies the market of a significant stakeholder.

The statement explicitly disclaims acquisition for control purposes and shows signatures dated 10/08/2025. Investors may note the holder is a named trustee rather than an institutional investor; this shapes potential activism expectations over a medium horizon around forthcoming shareholder meetings or proxy periods.

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

Steven H. Bertsch Declaration of Trust dated November 6, 2020

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 410,815.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 410,815.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

410,815.00

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)

7.8 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP No. 339382103

1

Names of Reporting Persons

Steven H. 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 410,815.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 410,815.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

410,815.00

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)

7.8 %

12

Type of Reporting Person (See Instructions)

IN

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: Steven H. Bertsch Declaration of Trust dated November 6, 2020 (the "Trust") Steven H. Bertsch
(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: Steven H. Bertsch is a United States citizen. The Trust is 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: 410,815
(b)	Percent of class: 7.8%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 410,815
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 410,815
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	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.

Steven H. Bertsch Declaration of Trust dated November 6, 2020

Signature:	/s/ Steven H. Bertsch
Name/Title:	Steven H. Bertsch, Trustee
Date:	10/08/2025

Steven H. Bertsch

Signature:	/s/ Steven H. Bertsch
Name/Title:	Steven H. Bertsch
Date:	10/08/2025

FAQ

What stake in Flexsteel (FLXS) does Steven H. Bertsch report?

The filing reports beneficial ownership of 410,815 shares, representing 7.8% of the class.

Does the trustee have voting control over the reported FLXS shares?

Yes. The filing states the reporting persons have sole voting and sole dispositive power over all 410,815 shares.

Was the stake reported as acquired to change control of Flexsteel?

No. The certification states the securities were not acquired to change or influence control of the issuer.

What entities filed the Schedule 13G/A for FLXS?

The reporting persons are the Steven H. Bertsch Declaration of Trust dated November 6, 2020 and Steven H. Bertsch (individual/trustee).

What date is associated with the event requiring this filing?

The filing lists the relevant date as 10/07/2025, with signatures dated 10/08/2025.