FLXS CFO Michael Ressler Receives Award; 1,833 Shares Withheld

What Happened

• Michael J. Ressler, Chief Financial Officer of Flexsteel Industries, received a grant/award of 4,246 shares on 2026-08-19 (transaction code A). To satisfy tax withholding obligations (transaction code F), 1,833 of those shares were withheld at a price of $78.17, resulting in $143,286 withheld. Net shares added from the award = 4,246 − 1,833 = 2,413 shares.

Key Details

• Transaction dates: 2026-08-19.
• Award: 4,246 shares (code A) recorded at $0.00 per share in the filing.
• Withholding/tax disposition: 1,833 shares withheld (code F) at $78.17, total $143,286.
• Shares owned after transaction: not provided in the supplied report.
• Filing date vs. transaction date: Form filed 2026-08-28 for an 8/19 transaction — appears later than the typical 2-business-day Form 4 deadline (may be marked late).
• Notes: Code A indicates an award/grant (commonly restricted stock or RSUs); code F indicates shares were used to satisfy tax liabilities (share withholding), not an open-market sale.

Context

• This was primarily an equity award with shares withheld to cover tax obligations — a routine tax-withholding event rather than a market sale. Such withholdings reduce the net number of new shares the insider receives but do not necessarily indicate buying or selling intent.