Flexsteel director William S. Creekmuir sells over $101k in company stock
In a recent financial maneuver, William S. Creekmuir, a director at FLEXSTEEL INDUSTRIES INC (NASDAQ:FLXS), divested a substantial portion of his company's common stock. On September 14, 2026, Mr. Creekmuir offloaded 250 shares at a price of $81.5154 per share. The subsequent day, September 15, 2026, he executed a second sale of 1,000 shares, this time for a weighted average price of $81.0327. These transactions cumulatively amounted to the sale of 1,250 shares, valued at approximately $101,411.55.
Since acquiring the stock, the company's shares have experienced a remarkable 122% gain, currently trading at $84.01. Despite this strong performance, InvestingPro analysis suggests that FLEXSTEEL is currently fairly valued. The platform further provides 14 additional ProTips for investors interested in gaining deeper insights into the company's potential.
In a related matter, on September 16, 2026, Mr. Creekmuir made a charitable contribution by gifting 2,492 shares of FLEXSTEEL common stock to the MS GIFT Bill & Frances Creekmuir Giving Fund DAF. This transfer was executed without any consideration received by Mr. Creekmuir for the donation. Following these transactions, Mr. Creekmuir's direct beneficial ownership of FLEXSTEEL common stock stands at 16,484 shares.
This correction of previously reported information comes after a strong showing by Flexsteel Industries in its fiscal fourth-quarter results. The company surpassed Wall Street expectations with adjusted earnings of $1.33 per share on revenue of $115.4 million. This surpassed analyst projections of $1.09 per share and $109.66 million in revenue, marking a significant 4% increase in full-year revenue to $459 million. Sales also increased by 0.7% compared to the previous year, contributing to this positive performance.
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