STOCK TITAN

Flex Ltd. (FLEX) CCO granted 43,724 shares, sells 8,203 to cover taxes

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

Rhea-AI Filing Summary

Flex Ltd. Chief Commercial Officer Michael P. Hartung reported routine equity compensation activity. On June 16, 2026, he received a grant of 43,724 ordinary shares, tied to performance-based awards certified on that date. On June 15, 2026, he sold 8,203 shares at prices around $146–$150 solely to cover tax withholding obligations from restricted share unit vesting. After these transactions, he directly owns 275,826 ordinary shares.

Positive

  • None.

Negative

  • None.
Insider Hartung Michael P
Role Chief Commercial Officer
Sold 8,203 shs ($1.21M)
Type Security Shares Price Value
Grant/Award Ordinary Shares 43,724 $0.00 --
Sale Ordinary Shares 1,448 $146.0719 $212K
Sale Ordinary Shares 1,409 $147.1295 $207K
Sale Ordinary Shares 1,352 $148.0064 $200K
Sale Ordinary Shares 3,966 $149.0131 $591K
Sale Ordinary Shares 28 $149.605 $4K
Holdings After Transaction: Ordinary Shares — 275,826 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 $145.484 to $146.48. 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 $146.51 to $147.50. 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 $147.53 to $148.529. 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 $148.53 to $149.52. 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) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; (2) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (3) 9,384 unvested RSUs, which will vest on June 12, 2027; (4) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027; and (5) 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.
Shares granted 43,724 ordinary shares Grant/award acquisition on June 16, 2026
Shares sold for taxes 8,203 ordinary shares Open-market sales on June 15, 2026 to cover tax withholding
Sale prices $147.13–$149.61 per share approx. Weighted average prices reported across five sale trades
Post-transaction holdings 275,826 ordinary shares Direct ownership after June 16, 2026 grant
Net share change 35,521 shares 43,724 granted minus 8,203 sold in connection with RSU taxes
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"
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units"
three-year performance period financial
"achievement of a certain performance criterion with respect to the three-year performance period ending on June 14, 2026"
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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*
Hartung Michael P

(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 Commercial 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)1,448D$146.0719(2)238,857D
Ordinary Shares06/15/2026S(1)1,409D$147.1295(3)237,448D
Ordinary Shares06/15/2026S(1)1,352D$148.0064(4)236,096D
Ordinary Shares06/15/2026S(1)3,966D$149.0131(5)232,130D
Ordinary Shares06/15/2026S(1)28D$149.605232,102D
Ordinary Shares06/16/2026A43,724(6)A$0275,826(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 $145.484 to $146.48. 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 $146.51 to $147.50. 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 $147.53 to $148.529. 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 $148.53 to $149.52. 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) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; (2) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (3) 9,384 unvested RSUs, which will vest on June 12, 2027; (4) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027; and (5) 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/ Michael P. Hartung, 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)

FAQ

What did FLEX CCO Michael P. Hartung report in this Form 4?

Michael P. Hartung reported a share grant and related tax sales. He received 43,724 ordinary shares and sold 8,203 shares to cover tax withholding tied to restricted share unit vesting.

How many FLEX shares were granted to Michael P. Hartung?

Hartung received a grant of 43,724 ordinary shares. These stem from performance-based restricted share units whose performance goal for the period ending June 14, 2026 was certified achieved on June 16, 2026.

How many FLEX shares did Michael P. Hartung sell, and why?

He sold 8,203 ordinary shares in multiple trades on June 15, 2026. The filing states these sales were specifically to cover tax withholding obligations from the vesting of restricted share units.

At what prices were Michael P. Hartung’s FLEX shares sold?

The reported weighted average sale prices ranged around $146–$149 per share. Footnotes note actual prices across trades spanned ranges such as $145.484–$149.52, with detailed breakdowns available on request.

How many FLEX shares does Michael P. Hartung own after these transactions?

After the reported grant and tax-related sales, Hartung directly owns 275,826 ordinary shares. This figure reflects his position following the June 16, 2026 award and the June 15, 2026 tax-withholding sales.

What future FLEX RSU vesting does Michael P. Hartung have scheduled?

The filing notes unvested RSUs including 10,532 vesting in two installments from August 15, 2026 and other blocks vesting between June 2027 and September 25, 2027, each converting into one ordinary share upon vesting.