Flex CCO sells 2,755 shares to cover RSU taxes
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Rhea-AI Filing Summary
FLEX LTD. (FLEX) executive Michael P. Hartung, Chief Commercial Officer, reported selling a total of 2,755 Ordinary Shares on August 18, 2026 in multiple open-market transactions. A footnote states these sales were made to cover tax withholding obligations arising from the vesting of restricted share units (RSUs). Hartung continues to hold significant unvested RSUs scheduled to vest between June 11, 2027 and September 25, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares F1, F2 | 1,007 | $119.7946 | $121K |
| Sale | Ordinary Shares F1, F3 | 1,272 | $120.7425 | $154K |
| Sale | Ordinary Shares F1, F4 | 272 | $121.7611 | $33K |
| Sale | Ordinary Shares F1, F5 | 196 | $122.6007 | $24K |
| Sale | Ordinary Shares F1, F6, F7 | 8 | $123.248 | $985.98 |
Footnotes (7)
- F1. 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").
- F2. Price reflects weighted average sales price; actual sales prices ranged from $119.155 to $120.15. 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 $120.18 to $121.13. 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. Price reflects weighted average sales price; actual sales prices ranged from $121.222 to $122.218. 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.
- F5. Price reflects weighted average sales price; actual sales prices ranged from $122.224 to $123.134. 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.
- F6. Includes the following: (1) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 9,384 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; (4) 5,266 unvested RSUs, which will vest on August 15, 2027; and (5) 72,578 unvested RSUs, which will vest on September 25, 2027.
- F7. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Key Figures
Key Terms
weighted average sales price financial
tax withholding obligations financial
contingent right financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did FLEX (FLEX) executive Michael P. Hartung report in this Form 4?
Were Michael P. Hartung’s FLEX (FLEX) sales under a Rule 10b5-1 trading plan?
What unvested RSUs does Michael P. Hartung still hold in FLEX (FLEX)?
Who is the reporting person in this FLEX (FLEX) Form 4 and what is his role?
AI-generated analysis. How Rhea-AI works. Not financial advice.