{
  "id": 4897240,
  "title": "Flexsteel CIO Michael McClaflin sells $364,800 in company stock",
  "url": "https://urgent.news/2026/09/01/flexsteel-cio-michael-mcclaflin-sells-364-800-in-company-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T16:46:53.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/flexsteel-cio-michael-mcclaflin-sells-364800-in-company-stock-93CH-4884405"
  },
  "original_language": "en",
  "account": "Michael Joseph McClaflin, Chief Information Officer at FLEXSTEEL INDUSTRIES INC (NASDAQ:FLXS), sold $364,800 worth of company common stock in two transactions on August 28 and August 31, 2026. He sold a total of 4,500 shares at prices between $79.50 and $83.75 per share. After these sales, McClaflin still holds 38,526 shares of the company. The stock is currently trading at $80.65, which represents a 103% increase year-to-date and a 74% increase over the past year. InvestingPro analysis suggests the stock is undervalued with a P/E ratio of 13.4.",
  "summary": null,
  "key_points": [
    "CIO Michael McClaflin sold $364,800 worth of Flexsteel stock",
    "Transactions occurred on August 28 and August 31, 2026",
    "He retained 38,526 shares after the sales"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}