The estimated Net Worth of Matthew Kaness is at least $1.48 Million dollars as of 5 October 2021. Mr. Kaness owns over 112 units of Flexsteel Industries stock worth over $1,412,368 and over the last 5 years he sold FLXS stock worth over $0. In addition, he makes $66,802 as Independent Director at Flexsteel Industries.
Matthew has made over 10 trades of the Flexsteel Industries stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 112 units of FLXS stock worth $3,347 on 5 October 2021.
The largest trade he's ever made was buying 10,000 units of Flexsteel Industries stock on 12 May 2020 worth over $88,000. On average, Matthew trades about 1,170 units every 20 days since 2019. As of 5 October 2021 he still owns at least 35,451 units of Flexsteel Industries stock.
You can see the complete history of Mr. Kaness stock trades at the bottom of the page.
Matthew A. Kaness is Independent Director of the Company. Mr. Kaness most recently served as Executive Chairman and interim Chief Executive Officer of Lucky Brand Dungarees, Inc., a clothing manufacturer and marketer, through August 2020. On July 3, 2020, Lucky Brand filed for protection under Chapter 11 of the federal bankruptcy laws, and on August 12, 2020, the U.S. Bankruptcy Court for the District of Delaware approved the purchase of Lucky Brand by SPARC Group LLC. Prior to Lucky Brand, Mr. Kaness was the President and Chief Executive Officer of ModCloth, Inc., a multi-channel clothing retailer, from 2015 to 2017, which was sold to Walmart. From 2017 to 2018, Mr. Kaness was an officer in Walmart’s e-commerce US division. Previously, he was the Chief Strategy Officer at Urban Outfitters, Inc., a national clothing retailer. Mr. Kaness has a BS-Mechanical Engineering from the Catholic University of America (CUA) and an MBA from the Darden Graduate School of Business at the University of Virginia.
As the Independent Director of Flexsteel Industries, the total compensation of Matthew Kaness at Flexsteel Industries is $66,802. There are 12 executives at Flexsteel Industries getting paid more, with Jerald Dittmer having the highest compensation of $1,590,210.
Matthew Kaness is 47, he's been the Independent Director of Flexsteel Industries since 2019. There are 13 older and 4 younger executives at Flexsteel Industries. The oldest executive at Flexsteel Industries, Inc. is Thomas Levine, 71, who is the Independent Chairman of the Board.
Matthew's mailing address filed with the SEC is P.O. BOX 877, , DUBUQUE, IA, 52004.
Over the last 21 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.
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
Flexsteel Industries executives and other stock owners filed with the SEC include: