Flex (FLEX) COO sells 17,500 shares in pre-set 10b5-1 trade
Rhea-AI Filing Summary
FLEX LTD. Chief Operating Officer Tan Kwang Hooi reported an open-market sale of 17,500 Ordinary Shares at $135.93 per share. The transaction was effected under a Rule 10b5-1(c) trading plan adopted on December 8, 2025.
Following the sale, Tan holds 238,543 Ordinary Shares directly, including several tranches of unvested restricted share units that are scheduled to vest between June 2026 and September 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 17,500 shares
Net Sell
1 txn
Insider
Tan Kwang Hooi
Role
Chief Operating Officer
Sold
17,500 shs ($2.38M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 17,500 | $135.93 | $2.38M |
Holdings After Transaction:
Ordinary Shares — 238,543 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Shares sold: 17,500 Ordinary Shares
Sale price: $135.93 per share
Shares held after transaction: 238,543 Ordinary Shares
+5 more
8 metrics
Shares sold
17,500 Ordinary Shares
Open-market sale on May 26, 2026
Sale price
$135.93 per share
Price for 17,500 Ordinary Shares sold
Shares held after transaction
238,543 Ordinary Shares
Direct ownership following the reported sale
Unvested RSUs tranche 1
23,981 RSUs
Vest in two equal annual installments beginning June 12, 2026
Unvested RSUs tranche 2
21,964 RSUs
Vest in three equal annual installments beginning June 12, 2026
Unvested RSUs tranche 3
16,195 RSUs
Vest on June 14, 2026
Unvested RSUs tranche 4
72,578 RSUs
Vest on September 25, 2027
10b5-1 plan adoption date
December 8, 2025
Date the trading plan governing this sale was adopted
Key Terms
Rule 10b5-1(c) trading plan, restricted share units, RSUs, contingent right
4 terms
Rule 10b5-1(c) trading plan regulatory
"The sale(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan"
A Rule 10b5-1(c) trading plan is a legally defined, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or under set formulas when they are not in possession of undisclosed, sensitive information. Think of it like an automatic payment plan for trades: because the instructions are written in advance, trades under the plan help protect insiders from allegations of trading on secret information and give investors clearer expectations about when insiders will transact, which can affect liquidity and perceived transparency.
RSUs financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FLEX (FLEX) report for COO Tan Kwang Hooi?
FLEX LTD. reported that COO Tan Kwang Hooi sold 17,500 Ordinary Shares. The sale was an open-market transaction at a reported price of $135.93 per share, disclosed in a Form 4 insider trading report.
What unvested RSUs does the FLEX (FLEX) COO still have after the sale?
The COO holds several tranches of unvested RSUs, including 23,981, 21,964, 16,195, and 72,578 units. These restricted share units are scheduled to vest in installments between June 2026 and September 2027.
What does each FLEX (FLEX) unvested RSU held by the COO represent?
Each unvested FLEX RSU represents a right to receive one ordinary share upon vesting. Once an RSU vests and is not forfeited, it converts into an unrestricted, fully transferable FLEX Ordinary Share for the reporting person.