Flex (NASDAQ: FLEX) insider adds $332K sale after $5.5M in June
Rhea-AI Filing Summary
FLEX LTD. (FLEX) reported a planned resale of common shares by officer Michael P. Hartung under Rule 144. A notice covers the potential sale of 2,755 shares, acquired on 08/17/2026 through restricted stock vesting as compensation, with an indicated value of $332,352.46. FLEX common shares outstanding were 369,402,978 as of 08/18/2026. In the prior three months, Hartung reported sales totaling 38,099 shares of FLEX common stock, with combined proceeds over $5.54 million, and the filer notes part of the new sale is intended to cover related tax obligations.
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Key Figures
Shares to be sold: 2,755 shares
Aggregate market value of planned sale: $332,352.46
Shares outstanding: 369,402,978 shares
+3 more
6 metrics
Shares to be sold
2,755 shares
Planned Rule 144 sale of FLEX common stock by Michael P. Hartung
Aggregate market value of planned sale
$332,352.46
Estimated value of 2,755 FLEX common shares covered by the notice
Shares outstanding
369,402,978 shares
FLEX common shares outstanding as of 08/18/2026
Prior sale 06/15/2026
8,203 shares; $1,214,096.50
FLEX common stock sold by Michael Hartung on 06/15/2026
Prior sale 06/17/2026
22,627 shares; $3,269,081.08
FLEX common stock sold by Michael Hartung on 06/17/2026
Prior sale 06/18/2026
7,269 shares; $1,055,587.46
FLEX common stock sold by Michael Hartung on 06/18/2026
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, tax obligation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 08/17/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
tax obligation financial
"Sale includes an amount necessary to cover a tax obligation resulting from"
FAQ
What FLEX (FLEX) insider sales occurred in the past three months?
Michael Hartung reported selling 8,203 shares on 06/15/2026, 22,627 shares on 06/17/2026, and 7,269 shares on 06/18/2026. These FLEX common stock sales totaled 38,099 shares with aggregate proceeds of over $5.54 million.
What is the role of Fidelity Brokerage Services in this FLEX (FLEX) Form 144?
Fidelity Brokerage Services LLC is listed as the broker for the planned sale of 2,755 FLEX common shares. The Form 144 is signed by Wade Moss as a duly authorized representative and attorney-in-fact for Michael Hartung.
AI-generated analysis. How Rhea-AI works. Not financial advice.