Last updated: 2 July 2024 at 5:27pm EST

Derek Paul Schmidt Net Worth




The estimated Net Worth of Derek P Schmidt is at least $6.77 Million dollars as of 30 June 2024. Mr Schmidt owns over 12,337 units of Flexsteel Industries stock worth over $5,734,649 and over the last 13 years he sold FLXS stock worth over $0. In addition, he makes $1,039,177 as CFO, COO, and Sec. & Treasurer at Flexsteel Industries.

Mr Schmidt FLXS stock SEC Form 4 insiders trading

Mr has made over 22 trades of the Flexsteel Industries stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 12,337 units of FLXS stock worth $491,506 on 30 June 2024.

The largest trade he's ever made was buying 59,343 units of Flexsteel Industries stock on 27 August 2020 worth over $986,874. On average, Mr trades about 7,515 units every 174 days since 2011. As of 30 June 2024 he still owns at least 143,942 units of Flexsteel Industries stock.

You can see the complete history of Mr Schmidt stock trades at the bottom of the page.





Mr. Derek Paul Schmidt biography

Derek Paul Schmidt is the CFO, COO, Sec. & Treasurer at Flexsteel Industries.

What is the salary of Mr Schmidt?

As the CFO, COO, and Sec. & Treasurer of Flexsteel Industries, the total compensation of Mr Schmidt at Flexsteel Industries is $1,039,177. There are 2 executives at Flexsteel Industries getting paid more, with Jerald Dittmer having the highest compensation of $1,590,210.



How old is Mr Schmidt?

Mr Schmidt is 48, he's been the CFO, COO, and Sec. & Treasurer of Flexsteel Industries since . There are 12 older and 8 younger executives at Flexsteel Industries. The oldest executive at Flexsteel Industries, Inc. is Thomas Levine, 71, who is the Independent Chairman of the Board.

What's Mr Schmidt's mailing address?

Derek's mailing address filed with the SEC is P.O. BOX 877, , DUBUQUE, IA, 52004.

Insiders trading at Flexsteel Industries

Over the last 22 years, insiders at Flexsteel Industries have traded over $23,882,550 worth of Flexsteel Industries stock and bought 257,815 units worth $4,587,656 . The most active insiders traders include Jerald K Dittmer, James R Richardson, and Jeffrey T Bertsch. On average, Flexsteel Industries executives and independent directors trade stock every 21 days with the average trade being worth of $229,279. The most recent stock trade was executed by Thomas M Levine on 3 September 2024, trading 2,750 units of FLXS stock currently worth $88,358.



What does Flexsteel Industries do?

flexsteel industries, inc. and subsidiaries was incorporated in 1929 and is one of the oldest and largest manufacturers, importers and marketers of residential and commercial upholstered and wooden furniture products in the united states. product offerings include a wide variety of upholstered and wood furniture such as sofas, loveseats, chairs, reclining and rocker reclining chairs, swivel rockers, sofa beds, convertible bedding units, occasional tables, desks, dining tables and chairs and bedroom furniture. the company’s products are intended for use in home, office, hotel and other commercial applications. featured as a basic component in most of the upholstered furniture is a unique steel drop-in seat spring from which our name “flexsteel” is derived. the company distributes its products throughout the united states through the company’s sales force and various independent representatives. the company has one active wholly-owned subsidiary: dmi furniture, inc. (“dmi”), which is a



What does Flexsteel Industries's logo look like?

Flexsteel Industries, Inc. logo

Complete history of Mr Schmidt stock trades at Flexsteel Industries and HNI

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
30 Jun 2024 Derek P Schmidt
President and CEO
Option 12,337 $31.06 $383,187
30 Jun 2024
143,942
30 Jun 2023 Derek P Schmidt
President and CEO
Option 9,092 $19.11 $173,748
30 Jun 2023
131,253
15 Dec 2022 Derek P Schmidt
President and CEO
Buy 470 $14.17 $6,660
15 Dec 2022
122,161
11 Oct 2022 Derek P Schmidt
President and CEO
Buy 586 $15.25 $8,937
11 Oct 2022
1,038
11 Jul 2022 Derek P Schmidt
President and CEO
Buy 477 $18.69 $8,915
11 Jul 2022
1,028
30 Jun 2022 Derek P Schmidt
President and CEO
Option 4,815 $18.00 $86,670
30 Jun 2022
178,520
4 Apr 2022 Derek P Schmidt
President and CEO
Buy 450 $19.57 $8,807
4 Apr 2022
1,020
11 Feb 2022 Derek P Schmidt
President and CEO
Buy 17,111 $22.38 $382,944
11 Feb 2022
173,261
3 Jan 2022 Derek P Schmidt
President and CEO
Buy 318 $27.22 $8,656
3 Jan 2022
656
4 Oct 2021 Derek P Schmidt
President and CEO
Buy 282 $30.64 $8,640
4 Oct 2021
653
16 Jul 2021 Derek P Schmidt
President and CEO
Buy 216 $38.58 $8,333
16 Jul 2021
155,912
1 Apr 2021 Derek P Schmidt
President and CEO
Buy 242 $34.60 $8,373
1 Apr 2021
155,695
4 Mar 2021 Derek P Schmidt
President and CEO
Buy 1,533 $32.65 $50,052
4 Mar 2021
155,453
25 Feb 2021 Derek P Schmidt
President and CEO
Buy 7,900 $32.67 $258,093
25 Feb 2021
153,920
1 Jan 2021 Derek P Schmidt
President and CEO
Option 12,592 $34.97 $440,342
1 Jan 2021
152,608
20 Nov 2020 Derek P Schmidt
President and CEO
Buy 11,135 $25.46 $283,497
20 Nov 2020
140,016
27 Aug 2020 Derek P Schmidt
President and CEO
Buy 59,343 $16.63 $986,874
27 Aug 2020
128,818
1 Jul 2020 Derek P Schmidt
President and CEO
Option 12,593 $12.77 $160,813
1 Jul 2020
74,612
12 Jun 2020 Derek P Schmidt
President and CEO
Buy 4,098 $12.20 $49,996
12 Jun 2020
62,019
9 Jun 2020 Derek P Schmidt
President and CEO
Buy 35,506 $11.78 $418,261
9 Jun 2020
57,921
7 May 2020 Derek P Schmidt
President and CEO
Buy 10,820 $8.32 $90,022
7 May 2020
22,415
30 Aug 2011 Derek P Schmidt
Treas., Vice President, and Corp. Finance
Buy 1,000 $20.32 $20,320
30 Aug 2011
1,000


Flexsteel Industries executives and stock owners

Flexsteel Industries executives and other stock owners filed with the SEC include: