Flexsteel (FLXS) Chief Growth Officer David Crimmins Receives Award

What Happened
David Edward Crimmins, Chief Growth Officer of Flexsteel Industries, was granted 14,433 shares (award A) on 2026-08-19 and concurrently had 6,449 shares withheld/disposed to satisfy tax obligations (code F) at $78.17 per share (≈ $504,118). The award is an acquisition (not an open-market purchase); after the withholding, his net increase from this event was 7,984 shares.

Key Details

• Transaction date: 2026-08-19; filing date: 2026-08-28 (filed late).
• Award: 14,433 shares at $0.00 (grant/award).
• Tax withholding/disposal: 6,449 shares at $78.17 per share, total ≈ $504,118 (code F).
• Net shares added from the event: 7,984 shares.
• Shares owned after the transaction: not specified in the provided filing details.
• Notable: the disposal was for tax withholding (code F), not an open-market sale.

Context
This was a compensation-related award with partial share surrender to cover taxes (common with restricted stock or RSU grants). Such awards reflect pay/vesting events rather than a direct endorsement or rejection of the company’s near-term prospects; tax-withholding disposals are routine and do not necessarily signal insider sentiment. The filing was submitted 9 days after the transaction date, which is later than the usual 2-business-day Form 4 reporting window.