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  4. [Form 4] FLEX LTD. Insider Trading Activity

Flex (NASDAQ: FLEX) COO granted shares, sells some to pay taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Flex Ltd. Chief Operating Officer Tan Kwang Hooi reported a grant of 48,582 ordinary shares, received at no cost. Following this award, he directly holds 284,184 ordinary shares.

On the prior day, he sold a total of 10,540 ordinary shares in several open-market transactions around $146–$149 per share to cover tax withholding obligations tied to vesting restricted share units and performance-based units, according to the footnotes. His holdings also include multiple tranches of unvested RSUs scheduled to vest between June and September 2027.

Positive

  • None.

Negative

  • None.
Insider Tan Kwang Hooi
Role Chief Operating Officer
Sold 10,540 shs ($1.56M)
Type Security Shares Price Value
Grant/Award Ordinary Shares 48,582 $0.00 --
Sale Ordinary Shares 1,702 $146.0945 $249K
Sale Ordinary Shares 1,838 $147.065 $270K
Sale Ordinary Shares 1,770 $147.9667 $262K
Sale Ordinary Shares 5,230 $149.0009 $779K
Holdings After Transaction: Ordinary Shares — 284,184 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 $145.486 to $146.485. 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 $146.49 to $147.485. 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 $147.50 to $148.49. 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 $148.537 to $149.525. 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. On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on June 14, 2026. The Issuer certified the achievement of the performance criterion on June 16, 2026, and the PSUs were subject to applicable taxes upon delivery. Includes the following: (1) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 11,991 unvested RSUs, which will vest on June 12, 2027; (3) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027; 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.
Share award 48,582 ordinary shares Grant at $0.00 per share to COO
Shares sold for taxes 10,540 ordinary shares Sales on open market to cover tax withholding
Sale prices $146.09–$149.00 per share (weighted averages) Multiple sales on June 15, 2026
Shares held after transactions 284,184 ordinary shares Direct ownership after grant and tax-related sales
Unvested RSU tranches 7,599; 11,991; 14,643; 72,578 RSUs Scheduled to vest between June and September 2027
restricted share units ("RSUs") financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs")."
performance-based restricted share units ("PSUs") financial
"the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range"
weighted average sales price financial
"Price reflects weighted average sales price; actual sales prices ranged from"
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Tan Kwang Hooi
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating 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)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/15/2026S(1)1,702D$146.0945(2)244,440D
Ordinary Shares06/15/2026S(1)1,838D$147.065(3)242,602D
Ordinary Shares06/15/2026S(1)1,770D$147.9667(4)240,832D
Ordinary Shares06/15/2026S(1)5,230D$149.0009(5)235,602D
Ordinary Shares06/16/2026A48,582(6)A$0284,184(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 $145.486 to $146.485. 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 $146.49 to $147.485. 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 $147.50 to $148.49. 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 $148.537 to $149.525. 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. On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on June 14, 2026. The Issuer certified the achievement of the performance criterion on June 16, 2026, and the PSUs were subject to applicable taxes upon delivery.
7. Includes the following: (1) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 11,991 unvested RSUs, which will vest on June 12, 2027; (3) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027; and (4) 72,578 unvested RSUs, which will vest on September 25, 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/ Tan Kwang Hooi, by Kristine Murphy as attorney-in-fact06/17/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did FLEX COO Tan Kwang Hooi report?

Tan Kwang Hooi reported a grant of 48,582 ordinary shares at no cost and sales of 10,540 shares. The sales were executed in multiple trades around $146–$149 per share to satisfy tax withholding obligations on vested share units.

How many FLEX shares does the COO hold after these Form 4 transactions?

After these transactions, the COO directly holds 284,184 ordinary shares of Flex Ltd. This figure reflects both the new share award and the shares sold to cover taxes. It does not include separate derivative instruments, as no such positions are listed.

Why did the FLEX COO sell 10,540 shares according to the Form 4?

The 10,540 FLEX shares were sold to cover tax withholding obligations tied to the vesting of restricted share units and performance-based units. Footnotes clarify these were tax-related sales rather than discretionary reductions of his overall equity exposure.

What future RSU vesting does the FLEX COO have outstanding?

The COO holds unvested RSUs scheduled to vest in 2027, including tranches of 7,599, 11,991, 14,643, and 72,578 units. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share upon vesting, if not forfeited.

How were the FLEX COO’s performance-based units determined and taxed?

Performance-based restricted share units were originally awarded in 2023 within a preset range, with the final number tied to a three-year performance criterion. The company certified achievement on June 16, 2026, and the resulting shares were subject to applicable taxes upon delivery.