Kammes Stacy Marie 4
4 · FLEXSTEEL INDUSTRIES INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Flexsteel (FLXS) VP Stacy Kammes Exercises RSUs, Withholds 1,757 Shares
What Happened
- Stacy Marie Kammes, VP Talent & Customer Experience at Flexsteel Industries (FLXS), had restricted stock units (RSUs) convert to common shares on June 30, 2026. A total of 3,826 RSUs vested (3,067 from a 7/1/2023 grant and 759 from a 7/1/2025 grant) and were converted to shares. To satisfy tax withholding, 1,757 of those shares were surrendered at $74.48 per share for $130,861. On July 1, 2026 she was also granted 1,381 new service-based RSUs.
Key Details
- Transaction dates: Vesting/conversion on 2026-06-30; tax withholding executed 2026-06-30; new RSU grant dated 2026-07-01; Form 4 filed 2026-07-02.
- Prices/value reported: 1,757 shares withheld at $74.48/share = $130,861. Other conversions show N/A price because they were RSU-to-share conversions.
- Shares owned after transaction: Not specified in the filing.
- Codes/footnotes: M = exercise/conversion of derivative (here, RSUs per F1). F = tax withholding to cover tax liability. Footnotes note the grant and vesting schedules (F2–F4).
- Timeliness: Filing dated 2026-07-02 for a 6/30/2026 vesting — no late filing flag indicated in the report.
Context
- These transactions reflect routine RSU vesting and a standard share-withholding to cover taxes (a cashless settlement), not an open-market sale. The grant of 1,381 new RSUs is a service-based award with multi-year vesting per the footnote schedule.
Insider Transaction Report
Form 4
Kammes Stacy Marie
VP Talent, Customer Experience
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-30+3,067→ 31,413 total - Exercise/Conversion
Common Stock
[F1]2026-06-30+759→ 32,172 total - Tax Payment
Common Stock
2026-06-30$74.48/sh−1,757$130,861→ 30,415 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-30−3,067→ 0 total→ Common Stock (3,067 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-30−759→ 1,519 total→ Common Stock (759 underlying) - Award
Restricted Stock Units
[F1][F4]2026-07-01+1,381→ 1,381 total→ Common Stock (1,381 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of FLXS common stock.
- [F2]On 7/1/2023, 3,067 restricted stock units were granted. The restricted stock units vested on June 30, 2026.
- [F3]Vesting of service-based restricted stock units granted July 1, 2025, 33 1/3% of which vest on June 30, 2026, June 30, 2027, and June 30, 2028.
- [F4]Award of service-based restricted stock units, 33 1/3% of which vest on June 30, 2027, June 30, 2028, and June 30, 2029.
Signature
/s/ Jennifer Zeman, attorney-in-fact|2026-07-02