Flex Executive Retains 47,619 Shares After Routine Tax-Related Sale

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Form 4 Filing Details - Insider Trading Activity at Flex Ltd (FLEX)

Chief Accounting Officer Daniel Wendler reported two sales transactions of Ordinary Shares on June 17, 2025:

Sale of 1,194 shares at weighted average price of $44.9807 (range: $44.58-$45.57)
Sale of 51 shares at weighted average price of $45.6927 (range: $45.61-$45.79)

These sales were specifically to cover tax withholding obligations related to vesting RSUs. Following the transactions, Wendler holds 47,619 shares, including:

4,484 unvested RSUs (vesting in two annual installments from June 12, 2026)
5,164 unvested RSUs (vesting in three annual installments from June 12, 2026)
3,238 unvested RSUs (vesting June 14, 2026)

Insider Trade Summary

Net Seller: 1,245 shares ($56,037)

Net Sell 2 txns

Insider WENDLER DANIEL

Role Chief Accounting Officer

Sold 1,245 shs ($56K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	1,194	$44.9807	$54K
Sale	Ordinary Shares	51	$45.6927	$2K

Holdings After Transaction: Ordinary Shares — 47,670 shares (Direct)

Footnotes (1)

The sales reported in this Form 4 represents 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 $44.58 to $45.57. 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 $45.61 to $45.79. 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 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.

Form 4 Insider Transactions: What Each Field Means →

06/20/2025 - 09:04 PM

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^*

WENDLER DANIEL

(Last)

(First)

(Middle)

C/O FLEXTRONICS INTERNATIONAL USA, INC.

12515-8 RESEARCH BLVD, SUITE 300

(Street)

AUSTIN

78759

(City)

(State)

(Zip)

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 Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	06/17/2025		S⁽¹⁾		1,194	D	$44.9807⁽²⁾	47,670	D
Ordinary Shares	06/17/2025		S⁽¹⁾		51	D	$45.6927⁽³⁾	47,619⁽⁴⁾⁽⁵⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The sales reported in this Form 4 represents 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 $44.58 to $45.57. 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 $45.61 to $45.79. 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. Includes the following: (1) 4,484 unvested 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.

5. 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-fact	06/20/2025
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many FLEX shares did Daniel Wendler sell on June 17, 2025?

Daniel Wendler, FLEX's Chief Accounting Officer, sold a total of 1,245 shares on June 17, 2025, consisting of 1,194 shares at an average price of $44.9807 and 51 shares at an average price of $45.6927.

Why did FLEX's CAO Daniel Wendler sell shares in June 2025?

The sales were made specifically to cover tax withholding obligations in connection with the vesting of restricted share units (RSUs), as disclosed in the filing's explanatory notes.

How many FLEX shares does Daniel Wendler own after the June 2025 transactions?

Following the reported transactions, Daniel Wendler beneficially owns 47,619 shares directly, which includes 4,484 unvested RSUs vesting in two annual installments from June 12, 2026, 5,164 unvested RSUs vesting in three annual installments from June 12, 2026, and 3,238 unvested RSUs vesting on June 14, 2026.

What was the price range for FLEX shares sold by Daniel Wendler on June 17, 2025?

The shares were sold in two batches with different price ranges: the first batch ranged from $44.58 to $45.57, and the second batch ranged from $45.61 to $45.79 per share.