Flex (FLEX) director sells 2,500 shares, retains 14,512 plus RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flex Ltd. director Erin McSweeney reported an open-market sale of 2,500 Ordinary Shares at a weighted average price of $136.594 per share. The actual sale prices ranged from $135.55 to $137.29. After the sale, McSweeney directly holds 14,512 Ordinary Shares.
This post-transaction holding includes 4,713 unvested restricted share units that are scheduled to vest in full immediately before Flex’s 2026 annual general meeting, with each vested RSU delivering one unrestricted, fully transferable share if not forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($341,485)
Net Sell
1 txn
Insider
McSweeney Erin
Role
null
Sold
2,500 shs ($341K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,500 | $136.594 | $341K |
Holdings After Transaction:
Ordinary Shares — 14,512 shares (Direct, null)
Footnotes (1)
- Price reflects weighted average sales price; actual sales prices ranged from $135.55 to $137.29. 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. Includes 4,713 unvested restricted share units ("RSUs"), which vest in full on the date immediately prior to the date of Issuer's 2026 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.
Key Figures
Shares sold: 2,500 shares
Weighted average sale price: $136.594 per share
Post-transaction holdings: 14,512 shares
+3 more
6 metrics
Shares sold
2,500 shares
Open-market sale of Ordinary Shares
Weighted average sale price
$136.594 per share
Average price for 2,500 shares sold
Post-transaction holdings
14,512 shares
Ordinary Shares held directly after sale
Unvested RSUs
4,713 units
Vest immediately before 2026 annual general meeting
Sale price range low
$135.55 per share
Lowest price in reported sale range
Sale price range high
$137.29 per share
Highest price in reported sale range
Key Terms
weighted average sales price, restricted share units ("RSUs"), open-market sale, Ordinary Shares
4 terms
weighted average sales price financial
"Price reflects weighted average sales price; actual sales prices ranged from $135.55 to $137.29."
open-market sale financial
"transaction_action: "open-market sale" for 2,500 Ordinary Shares on 2026-05-12."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Erin McSweeney report at Flex (FLEX)?
Erin McSweeney reported selling 2,500 Flex Ordinary Shares in an open-market transaction at a weighted average price of $136.594 per share. The sale prices ranged between $135.55 and $137.29, according to the disclosure.
Was Erin McSweeney’s Flex (FLEX) transaction an open-market sale or another type?
The transaction is classified as an open-market sale of Ordinary Shares. The Form 4 uses transaction code “S” and describes it as a sale in an open market or private transaction, with no derivative exercises reported in this filing.