Bertsch Frank Brooks 4

What Happened
Frank Brooks Bertsch, a director of Flexsteel Industries, disposed of 35,299 shares to the issuer on April 26, 2026. The reported transaction price was $47.00 per share, for aggregate proceeds of $1,659,053. The Form 4 lists the transaction as a "disposition to the issuer" (code D), which indicates the insider delivered shares to the company.

Key Details

• Transaction date and price: 2026-04-26 at $47.00 per share.
• Shares sold: 35,299; Total value: $1,659,053.
• Transaction type: Disposition to issuer (Code D).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-04-27 (covers 2026-04-26 transaction) — filed the next day, not flagged as late in the provided data.
• No additional footnotes (e.g., 10b5-1 plan or tax withholding) were provided in the excerpt.

Context
This was a sale/disposition rather than a purchase. Sales by insiders can be routine (tax obligations, portfolio rebalancing, or company repurchase arrangements) and are not, by themselves, a definitive signal about company prospects. The "D" code specifically means the shares were delivered to the issuer; the filing does not state the underlying reason.