STOCK TITAN

Flex (FLEX) CFO Kevin Krumm sells shares to cover tax withholding

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

Rhea-AI Filing Summary

Flex Ltd.'s Chief Financial Officer Kevin Krumm reported sales of company stock mainly to cover taxes on vesting equity awards. On January 7, 2026, he sold 21,166 Ordinary Shares at a weighted average price of $61.2231 per share and an additional 240 Ordinary Shares at a weighted average price of $61.66 per share, both coded as open-market sales. After these transactions, he directly beneficially owned 143,803 Ordinary Shares.

The holdings figure includes unvested restricted share units. These comprise 21,964 unvested RSUs scheduled to vest in three equal annual installments beginning on June 12, 2026, and 95,497 unvested RSUs scheduled to vest in two equal annual installments beginning on January 6, 2027. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share upon vesting, provided it is not forfeited.

Positive

  • None.

Negative

  • None.
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*
Krumm Kevin

(Last) (First) (Middle)
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12515-8 RESEARCH BLVD, SUITE 300

(Street)
AUSTIN TX 78759

(City) (State) (Zip)
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 Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/07/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/07/2026 S(1) 21,166 D $61.2231(2) 144,043 D
Ordinary Shares 01/07/2026 S(1) 240 D $61.66(3) 143,803(4)(5) 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 restricted share units ("RSUs").
2. Price reflects weighted average sales price; actual sales prices ranged from $60.61 to $61.60. 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 $61.65 to $61.67. 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. Includes the following: (1) 21,964 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (2) 95,497 unvested RSUs, which will vest in two equal annual installments beginning on January 6, 2027.
5. 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/ Kevin Krumm, by Kristine Murphy as attorney-in-fact 01/09/2026
** 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.

FAQ

What did FLEX CFO Kevin Krumm report in this Form 4 filing?

Kevin Krumm, the Chief Financial Officer of Flex Ltd., reported sales of Ordinary Shares on January 7, 2026 and disclosed his updated beneficial ownership, including unvested restricted share units.

How many Flex (FLEX) shares did Kevin Krumm sell on January 7, 2026?

On January 7, 2026, Kevin Krumm sold 21,166 Ordinary Shares at a weighted average price of $61.2231 per share and an additional 240 Ordinary Shares at a weighted average price of $61.66 per share.

Why were the FLEX shares sold by Kevin Krumm according to the Form 4?

The filing states that the sales represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units (RSUs).

How many Flex shares does Kevin Krumm own after the reported transactions?

Following the reported sales, Kevin Krumm beneficially owned 143,803 Ordinary Shares of Flex Ltd., held directly.

What unvested RSUs does Kevin Krumm hold in Flex Ltd.?

His holdings include 21,964 unvested RSUs that vest in three equal annual installments beginning on June 12, 2026, and 95,497 unvested RSUs that vest in two equal annual installments beginning on January 6, 2027.

What does each unvested RSU reported by Kevin Krumm represent?

Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU that has not been previously forfeited.

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23.97B
367.06M
0.72%
103.59%
2.34%
Electronic Components
Printed Circuit Boards
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United States
AUSTIN