FLEXSTEEL INDUSTRIES INC·4

Mar 13, 4:43 PM ET

Culbreth Michael Scott 4

Research Summary

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Flexsteel (FLXS) Director Michael Culbreth Receives 544-Share Award

What Happened
Culbreth Michael Scott, a director of Flexsteel Industries, was granted 544 shares on March 12, 2026 as an award (transaction code A). The shares were issued at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-12; filing date: 2026-03-13 (filed the next day).
  • Transaction type/code: Award/Grant (A). Price reported: $0.00 per share; total reported consideration: $0.
  • Shares acquired: 544 shares.
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnote: Shares were awarded as part of quarterly non‑executive director compensation (per filing).
  • No 10b5-1 plan, late filing flag, or tax‑withholding details were included in the supplied information.

Context
This was a routine director compensation award, which reflects pay for board service rather than a market purchase or sale by the insider. Such awards are common for non‑executive directors and should be viewed as compensation-related, not necessarily as a direct signal of the insider’s view on the company’s near‑term stock prospects.