Culbreth Michael Scott sold $323K of FLXS
Culbreth Michael Scott sold 4,000 shares of FLEXSTEEL INDUSTRIES INC (FLXS) at an average of $80.85 ($80.69–$81.16, $0.32M total) across 2 trades on 2026-09-03.
How this was made
The 30-second read
Why it matters
Insider sale of $323K is a primary disclosure but modest in scale.
Market read
Small insider sale with limited immediate price impact.
What to watch
Potential upcoming corporate actions not disclosed.
Background
Form 4 filing by a director of Flexsteel Industries Inc.
Ticker impact
Director Michael Scott sold 4,000 shares for $323,398, reducing his stake to 9,734 shares.
Potential slight downward pressure, likely limited.
Form 4 is a primary disclosure; the amount is under $1M, so market impact is expected to be minimal.
Market effects
None significant for steel sector.
No regional effect.
Minimal.
Counterpoint
Sale could be routine portfolio rebalancing, not a negative signal.
Key entities
- CompanyFlexsteel Industries Inc.
US-listed steel manufacturer (ticker FLXS).
- DirectorMichael Scott Culbreth
Director of Flexsteel who sold shares.

