Flex CAO Sells 1,245 Shares at $45 for Tax Obligations
Rhea-AI Filing Summary
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)
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,245 shares
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 — 47,619 shares (Direct)
Footnotes (5)
- F1. 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").
- F2. 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.
- F3. 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.
- F4. 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.
- F5. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.