Flexsteel (FLXS) Chief Growth Officer David Crimmins Sells Shares
$FLXS · FLEXSTEEL INDUSTRIES INCResearch Summary
AI-generated summary of this SEC filing
Flexsteel (FLXS) Chief Growth Officer David Crimmins Sells Shares
What Happened
David Edward Crimmins, Chief Growth Officer of Flexsteel Industries (FLXS), sold a total of 5,756 shares in open-market transactions on August 20 and August 21, 2026. The aggregate proceeds reported for these disposals are about $463,347. Individual lots were sold at prices that, when combined, produced reported weighted-average prices; trade prices across the reported lots ranged roughly from about $78.25 to $81.73 per share.
Key Details
- Transaction type: S = Sale (open-market/private sale)
- Dates: August 20 and August 21, 2026
- Total shares sold: 5,756 shares
- Total reported proceeds: ~$463,347
- Reported prices: weighted-average prices per lot; footnotes indicate the lots were executed in multiple trades with price ranges (examples: $78.25–$78.97, $80.37–$81.185, up to $81.73).
- Shares owned after the transactions: not provided in the excerpt of the filing.
- Filing: Form 4 filed Aug 24, 2026 — within the SEC’s two-business-day filing window for these trades (timely).
- Notes: Multiple footnotes (F1–F12) explain that several line items are weighted averages of multiple executions at the ranges shown.
Context
This filing documents routine insider sales rather than purchases. Sales can be for many reasons (diversification, liquidity, tax obligations, planned selling programs) and do not necessarily indicate negative views about the company. Because these are open-market sales (code S) and not option exercises or awards, there was no immediate derivation/vesting action reported here. If you track insider activity, purchases typically carry more directional weight than routine sales; consider this transaction alongside other insider activity and company fundamentals.