Derek Schmidt compensation by year
FLEXSTEEL INDUSTRIES Summary Compensation Table · all 7 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|
| Salary | $82,923 | $393,750 | $437,000 | $446,000 | $470,000 | $570,000 | $600,000 |
| Bonus | $151,920 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $537,441 | $272,999 | $371,450 | $585,116 | $446,465 | $902,990 | $839,918 |
| Option awards | $122,000 | $35,000 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $456,200 | $108,158 | $337,845 | $493,500 | $908,010 | $972,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $17,654 | $189,227 | $26,476 | $46,087 | $50,680 | $78,195 | $57,494 |
| Total | $911,938 | $1,347,176 | $943,084 | $1,415,048 | $1,460,645 | $2,459,195 | $2,469,412 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: FLEXSTEEL INDUSTRIES INC DEF 14A filed October 23, 2026, accession 0001140361-26-040658, and prior-year filings. Open the filing on EDGAR.
How this page was built: the FLEXSTEEL INDUSTRIES INC filed document, accession 0001140361-26-040658. Every figure is read from that document and cited to the page and table it appears in. Filed October 23, 2026.
Equity holdings
unvested awards at FY2026 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 43,311 | $3,225,803 | — |
| RSU | 19,630 | $1,462,042 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in FLEXSTEEL INDUSTRIES INC's FY2026 proxy; value at the fiscal year-end close, as the company printed it.
FLEXSTEEL INDUSTRIES’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Derek Schmidt · this page | President and Chief Executive Officer | $2,459,195 |
| David Crimmins | Vice President of Sales and Product Management | $1,026,339 |
| Michael Ressler | Chief Financial Officer | $890,661 |
The full FLEXSTEEL INDUSTRIES compensation record
free company briefThis page is one person within FLEXSTEEL INDUSTRIES's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the FLEXSTEEL INDUSTRIES proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order FLEXSTEEL INDUSTRIES's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are FLEXSTEEL INDUSTRIES's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Order FLXS
Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.