Flex (FLEX) CFO sells 3,378 shares to cover RSU tax withholding

Rhea-AI Filing Summary

FLEX LTD. Chief Financial Officer Kevin Krumm reported open-market sales of 3,378 Ordinary Shares on June 15, 2026. According to the filing, these shares were sold to cover tax withholding obligations arising from the vesting of restricted share units (RSUs), making this a compensation-related, rather than discretionary, transaction. The reported sale prices are disclosed as weighted averages, with actual prices ranging from $145.466 to $149.56 per share. Krumm continues to hold a significant equity position, including 95,497 unvested RSUs vesting in two annual installments beginning January 6, 2027, 10,855 unvested RSUs vesting in three annual installments beginning June 11, 2027, and 14,643 unvested RSUs vesting in two annual installments beginning June 12, 2027, each unvested RSU representing a contingent right to receive one Ordinary Share upon vesting.

Insights

Equity compensation & insider-trading analyst

Flex’s CFO executed a routine tax-related share sale tied to RSU vesting.

The filing shows Chief Financial Officer Kevin Krumm sold 3,378 Ordinary Shares of FLEX LTD. on June 15, 2026. A footnote states these sales were specifically to cover tax withholding obligations from vesting restricted share units (RSUs), indicating a mechanistic, compensation-driven transaction rather than a discretionary share disposal.

The transactions were coded as open-market sales with weighted average prices between $145.466 and $149.56 per share. The filing also lists substantial remaining equity exposure through unvested RSUs scheduled to vest beginning on January 6, 2027, June 11, 2027, and June 12, 2027, underscoring that Krumm retains meaningful long-term alignment with shareholders.

Given the tax-focused purpose and ongoing unvested RSU grants, this activity is best viewed as routine equity compensation administration. The filing does not indicate any 10b5-1 trading plan, and its informational value lies mainly in clarifying how equity awards are being settled and taxed over time.

Insider Trade Summary

Net Seller: 3,378 shares ($499,993)

Net Sell 6 txns

Insider Krumm Kevin

Role Chief Financial Officer

Sold 3,378 shs ($500K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	455	$146.0192	$66K
Sale	Ordinary Shares	760	$147.0186	$112K
Sale	Ordinary Shares	347	$147.8195	$51K
Sale	Ordinary Shares	1,773	$148.9542	$264K
Sale	Ordinary Shares	23	$149.5052	$3K
Sale	Ordinary Shares	20	$149.61	$3K

Holdings After Transaction: Ordinary Shares — 154,203 shares (Direct, null)

Footnotes (1)

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 restricted share units ("RSUs"). Price reflects weighted average sales price; actual sales prices ranged from $145.466 to $146.462. 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 $146.47 to $147.46. 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 $147.477 to $148.465. 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 $148.49 to $149.40. 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 $149.50 to $149.56. 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) 95,497 unvested RSUs, which will vest in two equal annual installments beginning on January 6, 2027; (2) 10,855 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; and (3) 14,643 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: 3,378 shares Price range (lowest): $145.466 per share Price range (highest): $149.56 per share +3 more

6 metrics

Shares sold 3,378 shares Ordinary Shares sold on June 15, 2026 to cover tax withholding

Price range (lowest) $145.466 per share Lowest actual sale price among reported tax-related sales

Price range (highest) $149.56 per share Highest actual sale price among reported tax-related sales

Unvested RSUs tranche 1 95,497 RSUs Vesting in two equal annual installments beginning January 6, 2027

Unvested RSUs tranche 2 10,855 RSUs Vesting in three equal annual installments beginning June 11, 2027

Unvested RSUs tranche 3 14,643 RSUs Vesting in two equal annual installments beginning June 12, 2027

Key Terms

restricted share units, RSUs, tax withholding obligations, weighted average sales price, +1 more

5 terms

restricted share units financial

"The sales reported in this Form 4 represent shares sold ... in connection with the vesting of restricted share units ("RSUs")."

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

RSUs financial

"Includes the following: (1) 95,497 unvested RSUs, which will vest in two equal annual installments..."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

tax withholding obligations financial

"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units"

weighted average sales price financial

"Price reflects weighted average sales price; actual sales prices ranged from $145.466 to $146.462."

contingent right financial

"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU..."

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Krumm Kevin

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/15/2026		S(1)		455	D	$146.0192(2)	154,203	D
Ordinary Shares	06/15/2026		S(1)		760	D	$147.0186(3)	153,443	D
Ordinary Shares	06/15/2026		S(1)		347	D	$147.8195(4)	153,096	D
Ordinary Shares	06/15/2026		S(1)		1,773	D	$148.9542(5)	151,323	D
Ordinary Shares	06/15/2026		S(1)		23	D	$149.5052(6)	151,300	D
Ordinary Shares	06/15/2026		S(1)		20(1)	D	$149.61	151,280(7)(8)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

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 restricted share units ("RSUs").

2. Price reflects weighted average sales price; actual sales prices ranged from $145.466 to $146.462. 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.

3. Price reflects weighted average sales price; actual sales prices ranged from $146.47 to $147.46. 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 $147.477 to $148.465. 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 $148.49 to $149.40. 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 $149.50 to $149.56. 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.

7. Includes the following: (1) 95,497 unvested RSUs, which will vest in two equal annual installments beginning on January 6, 2027; (2) 10,855 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; and (3) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.

8. 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/ Kevin Krumm, by Kristine Murphy as attorney-in-fact	06/17/2026
	** Signature of Reporting Person	Date
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 did FLEX (FLEX) CFO Kevin Krumm report in this Form 4 filing?

FLEX Chief Financial Officer Kevin Krumm reported selling 3,378 Ordinary Shares on June 15, 2026. The filing explains these open-market sales were executed solely to cover tax withholding obligations arising from recently vested restricted share units, making the activity compensation-related rather than a discretionary portfolio decision.

How many FLEX (FLEX) shares did the CFO sell and at what prices?

The CFO sold a total of 3,378 Ordinary Shares of FLEX LTD. The reported prices are weighted averages, with actual transaction prices ranging from $145.466 to $149.56 per share across several trades, as detailed in the footnotes accompanying the Form 4 insider transaction disclosure.

Why were FLEX (FLEX) shares sold by the CFO according to the Form 4?

The Form 4 states the FLEX CFO’s share sales were made to satisfy tax withholding obligations on vested RSUs. Instead of paying taxes in cash, a portion of the vested equity was sold, a common method companies and executives use to handle tax liabilities from stock-based compensation.

What unvested RSUs does the FLEX (FLEX) CFO still hold after these transactions?

The filing notes the CFO continues to hold 95,497 unvested RSUs vesting in two annual installments from January 6, 2027, 10,855 unvested RSUs vesting in three installments from June 11, 2027, and 14,643 unvested RSUs vesting in two installments from June 12, 2027, preserving substantial future equity exposure.

What does each unvested RSU represent for FLEX (FLEX) CFO Kevin Krumm?

Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable FLEX Ordinary Share when it vests. If the RSUs are not forfeited before their vesting dates, they convert into actual shares, further increasing the executive’s long-term ownership stake in the company.