FLEX officer sells 5,201 shares for tax withholding
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
FLEX LTD. Chief Accounting Officer Daniel Wendler reported open-market sales of 5,201 Ordinary Shares on June 17–18, 2026, at prices between $141.72 and $146.20. According to the footnotes, these sales were made solely to cover tax withholding obligations tied to the vesting of performance-based restricted share units and RSUs.
Footnotes also indicate Wendler continues to hold unvested RSUs, including 1,480 units vesting in three annual installments beginning on June 11, 2027, 2,242 units vesting on June 12, 2027, and 3,443 units vesting in two annual installments beginning on June 12, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 806 | $144.9779 | $117K |
| Sale | Ordinary Shares | 488 | $145.5292 | $71K |
| Sale | Ordinary Shares | 17 | $146.305 | $2K |
| Sale | Ordinary Shares | 120 | $142.2777 | $17K |
| Sale | Ordinary Shares | 928 | $143.2616 | $133K |
| Sale | Ordinary Shares | 918 | $144.3499 | $133K |
| Sale | Ordinary Shares | 1,861 | $145.2299 | $270K |
| Sale | Ordinary Shares | 63 | $145.9322 | $9K |
Footnotes (11)
- F1. The sales reported in this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of performance-based restricted share units.
- F2. Price reflects weighted average sales price; actual sales prices ranged from $141.72 to $142.688. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F3. Price reflects weighted average sales price; actual sales prices ranged from $142.728 to $143.705. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F4. Price reflects weighted average sales price; actual sales prices ranged from $143.745 to $144.735. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F5. Price reflects weighted average sales price; actual sales prices ranged from $144.76 to $145.70. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F6. Price reflects weighted average sales price; actual sales prices ranged from $145.78 to $146.17. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F7. The sales reported in this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").
- F8. Price reflects weighted average sales price; actual sales prices ranged from $144.205 to $145.195. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F9. Price reflects weighted average sales price; actual sales prices ranged from $145.22 to $146.20. The Reporting Person undertakes to provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares purchased or sold at each separate price.
- F10. Includes the following: (1) 1,480 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 2,242 unvested RSUs, which will vest on June 12, 2027; and (3) 3,443 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.
- F11. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Key Figures
Key Terms
weighted average sales price financial
tax withholding obligations financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FLEX (FLEX) report for Daniel Wendler?
Does Daniel Wendler still hold unvested FLEX (FLEX) RSUs after these sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.