Flex COO sells shares to cover RSU taxes

Rhea-AI Filing Summary

FLEX LTD. Chief Operating Officer Tan Kwang Hooi reported selling 35,638 ordinary shares of Flex in open-market transactions on June 17–18, 2026. According to the footnotes, these sales were made to cover tax withholding obligations tied to the vesting of performance-based restricted share units and RSUs, rather than discretionary selling. Following the transactions, he directly holds 248,546 ordinary shares, plus unvested RSUs that are scheduled to vest in 2027.

Insider Trade Summary

Net Seller: 35,638 shares

Net Sell 8 txns

Insider Tan Kwang Hooi

Role Chief Operating Officer

Sold 35,638 shs ($5.16M)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	2,947	$144.8475	$427K
Sale	Ordinary Shares	5,934	$145.3349	$862K
Sale	Ordinary Shares	100	$146.41	$15K
Sale	Ordinary Shares	500	$141.654	$71K
Sale	Ordinary Shares	4,830	$143.0868	$691K
Sale	Ordinary Shares	5,753	$143.9791	$828K
Sale	Ordinary Shares	13,196	$145.1008	$1.91M
Sale	Ordinary Shares	2,378	$145.6756	$346K

Holdings After Transaction: Ordinary Shares — 248,546 shares (Direct)

Footnotes (11)

1. 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 performance-based restricted share units.
2. F2. Price reflects weighted average sales price; actual sales prices ranged from $141.235 to $142.001. 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. F3. Price reflects weighted average sales price; actual sales prices ranged from $142.50 to $143.46. 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. F4. Price reflects weighted average sales price; actual sales prices ranged from $143.50 to $144.499. 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. F5. Price reflects weighted average sales price; actual sales prices ranged from $144.51 to $145.50. 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.
6. F6. Price reflects weighted average sales price; actual sales prices ranged from $145.51 to $145.965. 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.
7. F7. 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").
8. F8. Price reflects weighted average sales price; actual sales prices ranged from $144.08 to $145.075. 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.
9. F9. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.05. 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.
10. F10. 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.
11. F11. 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: 35,638 shares Sale price range: $141.235–$146.05 per share Shares held after sales: 248,546 shares +4 more

7 metrics

Shares sold 35,638 shares Open-market sales on June 17–18, 2026 to cover tax withholding

Sale price range $141.235–$146.05 per share Weighted average sale prices across reported transactions

Shares held after sales 248,546 shares Direct ordinary share ownership following transactions

Unvested RSUs (three annual installments) 7,599 RSUs Vest in three equal annual installments beginning June 11, 2027

Unvested RSUs (single vesting) 11,991 RSUs Vest on June 12, 2027

Unvested RSUs (two installments) 14,643 RSUs Vest in two equal annual installments beginning June 12, 2027

Unvested RSUs (single large tranche) 72,578 RSUs Vest on September 25, 2027

Key Terms

performance-based restricted share units, restricted share units ("RSUs"), weighted average sales price, tax withholding obligations, +1 more

5 terms

performance-based restricted share units financial

"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of performance-based restricted share units"

Performance-based restricted share units are promises to give company stock to employees or executives only if the business hits specified targets, such as revenue, profit or stock performance; think of them as a bonus paid in shares that only vests when certain goals are met. They matter to investors because they align management incentives with shareholder outcomes, can dilute share count when paid out, and reveal how leadership is being rewarded and what milestones the company expects to reach.

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")"

weighted average sales price financial

"Price reflects weighted average sales price; actual sales prices ranged"

tax withholding obligations financial

"represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of"

contingent right financial

"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Flex (FLEX) COO Tan Kwang Hooi report in this Form 4?

He reported selling 35,638 ordinary shares of Flex in multiple open-market transactions. Footnotes state the sales were executed to cover tax withholding obligations related to the vesting of performance-based restricted share units and restricted share units, not as discretionary portfolio sales.

How many Flex (FLEX) shares did the COO sell and at what prices?

Tan Kwang Hooi sold a total of 35,638 ordinary shares across eight transactions. Reported weighted average sale prices ranged between $141.235 and $146.05 per share, with detailed trade-by-trade pricing available upon request to the company, the SEC staff, or security holders.

Why were the Flex (FLEX) COO’s share sales carried out, according to the filing?

The filing explains the sales were made to cover tax withholding obligations from vesting performance-based restricted share units and RSUs. This means shares were sold primarily to satisfy tax liabilities triggered by equity compensation vesting, rather than for independent investment or timing reasons.

How many Flex (FLEX) shares does the COO own after these transactions?

After the reported sales, Tan Kwang Hooi directly owns 248,546 ordinary shares of Flex. This post-transaction holding reflects his remaining direct equity stake in the company following the tax-related disposals described in the Form 4 transactions and accompanying footnotes.

What unvested RSUs does the Flex (FLEX) COO still hold?

He holds 7,599 unvested RSUs vesting in three annual installments beginning June 11, 2027; 11,991 RSUs vesting June 12, 2027; 14,643 RSUs vesting in two annual installments from June 12, 2027; and 72,578 RSUs vesting September 25, 2027, each convertible into one share at vesting.

How are the unvested Flex (FLEX) RSUs treated when they vest?

Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable ordinary share upon vesting. Once vested and not forfeited, each RSU converts automatically into one share, increasing the executive’s share ownership accordingly without additional purchase price at vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/22/2026 - 08:54 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	06/17/2026		S(1)		500	D	$141.654(2)	283,684	D
Ordinary Shares	06/17/2026		S(1)		4,830	D	$143.0868(3)	278,854	D
Ordinary Shares	06/17/2026		S(1)		5,753	D	$143.9791(4)	273,101	D
Ordinary Shares	06/17/2026		S(1)		13,196	D	$145.1008(5)	259,905	D
Ordinary Shares	06/17/2026		S(1)		2,378	D	$145.6756(6)	257,527	D
Ordinary Shares	06/18/2026		S(7)		2,947	D	$144.8475(8)	254,580	D
Ordinary Shares	06/18/2026		S(7)		5,934	D	$145.3349(9)	248,646	D
Ordinary Shares	06/18/2026		S(7)		100	D	$146.41	248,546(10)(11)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 performance-based restricted share units.

2. Price reflects weighted average sales price; actual sales prices ranged from $141.235 to $142.001. 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 $142.50 to $143.46. 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 $143.50 to $144.499. 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 $144.51 to $145.50. 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.

6. Price reflects weighted average sales price; actual sales prices ranged from $145.51 to $145.965. 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.

7. 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").

8. Price reflects weighted average sales price; actual sales prices ranged from $144.08 to $145.075. 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.

9. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.05. 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.

10. 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.

11. 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-fact	06/22/2026
	** Signature of Reporting Person	Date
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)