The estimated Net Worth of Timothy Patrick Newlin is at least $2.38 Milión dollars as of 30 June 2023. Mr. Newlin owns over 5,995 units of Flexsteel Industries stock worth over $1,240,976 and over the last 5 years he sold FLXS stock worth over $79,480. In addition, he makes $1,058,120 as Vice President - Marketing & Product Management at Flexsteel Industries.
Timothy has made over 8 trades of the Flexsteel Industries stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 5,995 units of FLXS stock worth $238,841 on 30 June 2023.
The largest trade he's ever made was exercising 10,421 units of Flexsteel Industries stock on 1 July 2020 worth over $415,173. On average, Timothy trades about 3,606 units every 111 days since 2019. As of 30 June 2023 he still owns at least 31,149 units of Flexsteel Industries stock.
You can see the complete history of Mr. Newlin stock trades at the bottom of the page.
Timothy P. Newlin is Vice President - Marketing & Product Management of the Company. Tim Newlin has 14 years of experience in leadership roles at the Company, and in 2019 was named Vice President, Marketing & Product Management. He is responsible for the product portfolio appearance, functionality, performance, profitability and life cycle; for the physical innovation, engineering and development of product; and for the development of the Flexsteel brand and product story, as well as supporting all sales channels with physical and digital assets. Prior to his current position, he was Vice President, Home Furnishings, where he provided the strategic direction for the business with full P&L responsibility and was head of the functions of Merchandising, Sales, Retail Development, and Design. Immediately prior, Mr. Newlin was National Sales Director, having risen through the sales channel from territory sales, regional sales management to the top position in national sales over the course of eight years. He has over 25 years in the furniture business. Mr. Newlin is a graduate of Miami University in Ohio, with a business degree in Marketing with a focus on merchandising.
As the Vice President - Marketing & Product Management of Flexsteel Industries, the total compensation of Timothy Newlin at Flexsteel Industries is $1,058,120. There are 1 executives at Flexsteel Industries getting paid more, with Jerald Dittmer having the highest compensation of $1,590,210.
Timothy Newlin is 49, he's been the Vice President - Marketing & Product Management of Flexsteel Industries since 2019. There are 11 older and 9 younger executives at Flexsteel Industries. The oldest executive at Flexsteel Industries, Inc. is Thomas Levine, 71, who is the Independent Chairman of the Board.
Timothy'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 a 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: