Flex (FLEX) COO sells 17,500 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flex Ltd. Chief Operating Officer Tan Kwang Hooi sold 17,500 ordinary shares in an open-market transaction at $58.87 per share on March 9, 2026. The sale was made under a pre-arranged Rule 10b5-1(c) trading plan adopted on December 8, 2025.
After the sale, he directly owns 233,636 shares, including multiple blocks of unvested RSUs scheduled to vest between June 2026 and September 2027. The transaction represents a relatively small portion of his overall holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,500 shares ($1,030,225)
Net Sell
1 txn
Insider
Tan Kwang Hooi
Role
Chief Operating Officer
Sold
17,500 shs ($1.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 17,500 | $58.87 | $1.03M |
Holdings After Transaction:
Ordinary Shares — 233,636 shares (Direct)
Footnotes (1)
- The sale(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on December 8, 2025. Includes the following: (1) 23,981 unvested restricted share units ("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) 16,195 unvested RSUs, which will vest on June 14, 2026; and (4) 72,578 unvested RSUs, which will vest on September 25, 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.
FAQ
What insider transaction did FLEX COO Tan Kwang Hooi report?
Tan Kwang Hooi reported selling 17,500 Flex ordinary shares. The Chief Operating Officer executed an open-market sale at $58.87 per share on March 9, 2026, as disclosed in a Form 4 insider trading report.
Was the FLEX insider sale made under a Rule 10b5-1 plan?
Yes, the sale was made under a Rule 10b5-1(c) trading plan. A footnote explains the plan was adopted on December 8, 2025, meaning the transaction was pre-planned rather than a discretionary trade timed after new information.
What RSU awards are included in the FLEX COO’s remaining holdings?
The COO’s holdings include several unvested RSU grants. Footnotes list blocks of 23,981, 21,964, 16,195, and 72,578 unvested RSUs, with vesting dates beginning in June 2026 and extending to September 2027, each convertible into one ordinary share upon vesting.