Culbreth Michael Scott 4

What Happened

Michael Scott Culbreth, a director of Flexsteel Industries, reported a disposition by gift of 350 shares on 2026-05-04. The transaction is coded as a gift (G) and is reported at $0.00 per share, resulting in $0 reported proceeds to the reporting person. This was a gift (a non-sale disposition), which does not represent a market sale.

Key Details

• Transaction date: 2026-05-04
• Transaction type/code: Gift (G) — disposition of 350 shares
• Price reported: $0.00 per share; total reported proceeds $0
• Filing date / Accession: Form filed 2026-05-04 (Accession 0000037472-26-000031) — appears timely
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes/notable items: No 10b5-1 plan, tax-withholding, or other footnotes provided in the summary

Context

Gifts by insiders are commonly for personal, estate-planning, or charitable reasons and do not necessarily signal the insider's view of the company's prospects. Because this was a gift (not a sale or purchase), it should be interpreted as a non-market transfer of shares rather than a trading signal.