Flex (FLEX) EVP sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLEX LTD. executive vice president and general counsel David Scott Offer reported open-market sales of 27,469 ordinary shares of FLEX on June 17–18, 2026. According to the disclosure, these shares were sold to cover tax withholding obligations related to the vesting of performance-based restricted share units and other RSUs. Following the transactions, he holds 91,122 ordinary shares directly and 54,721 ordinary shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,469 shares ($3,973,617)
Net Sell
9 txns
Insider
OFFER DAVID SCOTT
Role
EVP, General Counsel
Sold
27,469 shs ($3.97M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,249 | $144.8809 | $326K |
| Sale | Ordinary Shares | 4,200 | $145.3645 | $611K |
| Sale | Ordinary Shares | 208 | $146.3862 | $30K |
| Sale | Ordinary Shares | 529 | $141.7206 | $75K |
| Sale | Ordinary Shares | 4,560 | $143.18 | $653K |
| Sale | Ordinary Shares | 4,575 | $144.205 | $660K |
| Sale | Ordinary Shares | 10,252 | $145.1936 | $1.49M |
| Sale | Ordinary Shares | 896 | $145.8334 | $131K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 95,530 shares (Direct, null);
Ordinary Shares — 54,721 shares (Indirect, By Trust)
Footnotes (1)
- 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. Price reflects weighted average sales price; actual sales prices ranged from $141.58 to $141.86. 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. Price reflects weighted average sales price; actual sales prices ranged from $142.64 to $143.63. 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. Price reflects weighted average sales price; actual sales prices ranged from $143.66 to $144.64. 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. Price reflects weighted average sales price; actual sales prices ranged from $144.665 to $145.66. 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. Price reflects weighted average purchase price; actual purchase prices ranged from $145.71 to $146.15. 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. 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"). Price reflects weighted average sales price; actual sales prices ranged from $144.08 to $145.077. 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. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.07. 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. Price reflects weighted average sales price; actual sales prices ranged from $146.26 to $146.56. 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 the following: (1) 7,164 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 9,384 unvested RSUs, which will vest on June 12, 2027; and (3) 13,381 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027. 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
Shares sold: 27,469 shares
Direct holdings after transactions: 91,122 shares
Indirect holdings by trust: 54,721 shares
+5 more
8 metrics
Shares sold
27,469 shares
Open-market sales on June 17–18, 2026 to cover tax withholding
Direct holdings after transactions
91,122 shares
Ordinary shares held directly by David Scott Offer after sales
Indirect holdings by trust
54,721 shares
Ordinary shares held indirectly by trust as of June 17, 2026
Largest single reported sale
10,252 shares
Ordinary shares sold on June 17, 2026 at $145.1936 per share
Sample sale price
$146.3862 per share
Weighted average price for a 208-share sale on June 18, 2026
Unvested RSUs vesting annually
7,164 RSUs
Unvested RSUs vesting in three equal annual installments from June 11, 2027
Single-date unvested RSUs
9,384 RSUs
Unvested RSUs vesting on June 12, 2027
Two-installment unvested RSUs
13,381 RSUs
Unvested RSUs vesting in two equal annual installments from June 12, 2027
Key Terms
performance-based restricted share units, restricted share units ("RSUs"), weighted average sales price, unvested RSUs, +1 more
5 terms
weighted average sales price financial
"Price reflects weighted average sales price; actual sales prices ranged from $141.58 to $141.86."
unvested RSUs financial
"Includes the following: (1) 7,164 unvested RSUs, which will vest in three equal annual installments"
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"