STOCK TITAN

Flex (FLEX) CAO granted 9,716 shares, sells 3,819 for tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

FLEX LTD. Chief Accounting Officer Daniel Wendler reported both an equity award and related share sales. On May 8, 2026, he acquired 9,716 Ordinary Shares at $0.00 per share from the vesting of performance-based restricted share units tied to a three-year period ending March 31, 2026. On May 11, 2026, he sold a total of 3,819 Ordinary Shares in multiple open-market transactions, with weighted average prices reported between approximately $138.19 and $144.77, to cover tax withholding obligations arising from this vesting.

Positive

  • None.

Negative

  • None.
Insider WENDLER DANIEL
Role Chief Accounting Officer
Sold 3,819 shs ($544K)
Type Security Shares Price Value
Sale Ordinary Shares 312 $138.5957 $43K
Sale Ordinary Shares 335 $139.7618 $47K
Sale Ordinary Shares 414 $140.6742 $58K
Sale Ordinary Shares 234 $141.837 $33K
Sale Ordinary Shares 1,081 $142.9077 $154K
Sale Ordinary Shares 996 $143.827 $143K
Sale Ordinary Shares 447 $144.4416 $65K
Grant/Award Ordinary Shares 9,716 $0.00 --
Holdings After Transaction: Ordinary Shares — 37,023 shares (Direct, null)
Footnotes (1)
  1. On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on March 31, 2026. The Issuer certified the achievement of the performance criterion, and the PSUs fully vested, on May 8, 2026, and were subject to applicable taxes upon delivery. 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 PSUs. Price reflects weighted average sales price; actual sales prices ranged from $138.185 to $139.144. 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 $139.198 to $140.179. 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 $140.25 to $141.115. 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 $141.281 to $142.218. 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 $142.299 to $143.294. 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 $143.308 to $144.305. 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 $144.32 to $144.765. 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) 4,484 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on June 12, 2026; (2) 5,164 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (3) 3,238 unvested RSUs, which will vest on June 14, 2026. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Performance share vesting 9,716 Ordinary Shares at $0.00 Award vested on May 8, 2026 from PSUs
Shares sold 3,819 Ordinary Shares Open-market sales on May 11, 2026
Highest weighted average sale price $144.4416 per share One of several May 11, 2026 sale tranches
Lowest weighted average sale price $138.5957 per share One of several May 11, 2026 sale tranches
Price range from footnotes $138.185–$144.765 per share Actual sale prices across reported transactions
Unvested RSUs (first grant) 4,484 RSUs Vest in two annual installments beginning June 12, 2026
Unvested RSUs (second grant) 5,164 RSUs Vest in three annual installments beginning June 12, 2026
Unvested RSUs (third grant) 3,238 RSUs Vest on June 14, 2026
performance-based restricted share units financial
"the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range"
Performance-based restricted share units are promises to give company stock to employees or executives only if the business hits specified targets, such as revenue, profit or stock performance; think of them as a bonus paid in shares that only vests when certain goals are met. They matter to investors because they align management incentives with shareholder outcomes, can dilute share count when paid out, and reveal how leadership is being rewarded and what milestones the company expects to reach.
PSUs financial
"The Issuer certified the achievement of the performance criterion, and the PSUs fully vested"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
restricted share units ("RSUs") financial
"Includes the following: (1) 4,484 unvested restricted share units ("RSUs")"
weighted average sales price financial
"Price reflects weighted average sales price; actual sales prices ranged"
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WENDLER DANIEL

(Last)(First)(Middle)
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12515-8 RESEARCH BLVD, SUITE 300

(Street)
AUSTIN TEXAS 78759

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FLEX LTD. [ FLEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares05/08/2026A(1)9,716A$037,335D
Ordinary Shares05/11/2026S(2)312D$138.5957(3)37,023D
Ordinary Shares05/11/2026S(2)335D$139.7618(4)36,688D
Ordinary Shares05/11/2026S(2)414D$140.6742(5)36,274D
Ordinary Shares05/11/2026S(2)234D$141.837(6)36,040D
Ordinary Shares05/11/2026S(2)1,081D$142.9077(7)34,959D
Ordinary Shares05/11/2026S(2)996D$143.827(8)33,963D
Ordinary Shares05/11/2026S(2)447D$144.4416(9)33,516(10)(11)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on March 31, 2026. The Issuer certified the achievement of the performance criterion, and the PSUs fully vested, on May 8, 2026, and were subject to applicable taxes upon delivery.
2. 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 PSUs.
3. Price reflects weighted average sales price; actual sales prices ranged from $138.185 to $139.144. 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.
4. Price reflects weighted average sales price; actual sales prices ranged from $139.198 to $140.179. 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.
5. Price reflects weighted average sales price; actual sales prices ranged from $140.25 to $141.115. 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.
6. Price reflects weighted average sales price; actual sales prices ranged from $141.281 to $142.218. 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.
7. Price reflects weighted average sales price; actual sales prices ranged from $142.299 to $143.294. 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.
8. Price reflects weighted average sales price; actual sales prices ranged from $143.308 to $144.305. 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.
9. Price reflects weighted average sales price; actual sales prices ranged from $144.32 to $144.765. 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.
10. Includes the following: (1) 4,484 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on June 12, 2026; (2) 5,164 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (3) 3,238 unvested RSUs, which will vest on June 14, 2026.
11. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Remarks:
/s/ Daniel Wendler, by Kristine Murphy as attorney-in-fact05/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did FLEX (FLEX) report for Daniel Wendler?

FLEX reported that Chief Accounting Officer Daniel Wendler received 9,716 Ordinary Shares from vested performance-based units, then sold 3,819 shares in open-market trades to cover tax withholding obligations related to that vesting.

How many FLEX (FLEX) shares did the CAO acquire in this Form 4?

Daniel Wendler acquired 9,716 Ordinary Shares on May 8, 2026, at an effective price of $0.00 per share when performance-based restricted share units fully vested after a three-year performance period.

How many FLEX (FLEX) shares did the CAO sell and why?

He sold 3,819 Ordinary Shares on May 11, 2026, in multiple open-market transactions. The filing states these sales were made to cover tax withholding obligations from the vesting of performance-based restricted share units.

What prices were involved in the FLEX (FLEX) insider share sales?

The reported weighted average sale prices ranged from about $138.19 to $144.77 per share. Footnotes note that actual individual trade prices fell within narrower ranges around each weighted average figure.

What performance period applied to the FLEX (FLEX) performance-based units?

The performance-based restricted share units covered a three-year performance period ending on March 31, 2026. The issuer certified achievement of the performance criterion, and the units fully vested, on May 8, 2026.

Does the FLEX (FLEX) CAO still hold unvested RSUs after these transactions?

Yes. Footnotes state he holds unvested restricted share units totaling 4,484, 5,164, and 3,238 units, scheduled to vest in installments beginning June 12, 2026, and on June 14, 2026, with each unit representing one future share.