[Form 4] Flex Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Michael P. Hartung, Chief Commercial Officer and director of Flex Ltd. (FLEX), reported a sale of 2,520 ordinary shares on 08/18/2025 to cover tax withholding related to vested restricted stock units (RSUs). The weighted average sales price was $49.6203, with actual trade prices ranging from $49.35 to $49.84. After the sale, the reporting person beneficially owned 301,198 shares, which include multiple tranches of unvested RSUs that vest between June 2026 and September 2027. Each unvested RSU converts to one unrestricted share upon vesting.

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale; small relative reduction in holdings, no indication of change in overall ownership strategy.

The Form 4 documents a common insider action: selling shares to satisfy tax obligations from RSU vesting. The disclosed sale of 2,520 shares at a weighted average price of $49.6203 is minor relative to the reporting person’s post-transaction beneficial ownership of 301,198 shares. The holdings include multiple scheduled RSU vesting tranches through September 2027, indicating ongoing deferred compensation rather than immediate share liquidation. From a financial perspective, this filing appears procedural and not indicative of a material change in ownership or corporate outlook.

Corporate Governance Expert

TL;DR: Disclosure is timely and follows standard practice; reporting signed via attorney-in-fact.

The filing identifies the reporting person as an officer and director and explains the disposition was to cover tax withholding tied to RSU vesting, which is a commonly accepted reason under Section 16 reporting. The signature is executed by an attorney-in-fact, and the Form includes explanations of unvested RSU schedules. There are no indications of unusual or opportunistic insider activity in the disclosure provided.

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
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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^*

Hartung Michael P

(Last) (First) (Middle)

C/O FLEXTRONICS INTERNATIONAL USA, INC.

12515-8 RESEARCH BLVD, SUITE 300

(Street)

AUSTIN TX 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 Commercial Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/18/2025		S(1)		2,520	D	$49.6203(2)	301,198(3)(4)	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 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 $49.35 to $49.84. 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. Includes the following: (1) 18,768 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2026; (2) 21,964 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; (3) 14,574 unvested RSUs, which will vest on June 14, 2026; (4) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; and (5) 72,578 unvested RSUs, which will vest on September 25, 2027.

4. 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/ Michael P. Hartung, by Kristine Murphy as attorney-in-fact	08/20/2025
	** 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.

FAQ

What did FLEX insider Michael P. Hartung report on Form 4?

He reported the sale of 2,520 ordinary shares on 08/18/2025 to cover tax withholding related to RSU vesting.

At what price were the shares sold according to the Form 4 for FLEX?

The weighted average sale price was $49.6203; actual sales prices ranged from $49.35 to $49.84.

How many shares does Michael P. Hartung beneficially own after the reported transaction?

The Form 4 reports beneficial ownership of 301,198 shares following the transaction.

Do the holdings include unvested RSUs and when do they vest?

Yes. The filing lists multiple unvested RSU tranches vesting in installments beginning June 12, 2026 and others vesting on June 14, 2026, August 15, 2026, and September 25, 2027.

Why were the shares sold according to the filing?

The filing states the shares were sold to cover tax withholding obligations in connection with RSU vesting.