Flex (FLEX) director sells 15,000 shares, retains 45,426 stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLEX LTD. director Charles K. Stevens III reported an open-market sale of 15,000 Ordinary Shares on May 8, 2026 at $138.14 per share. After this transaction, he directly owns 45,426 shares. This total includes 4,713 unvested restricted share units that are scheduled to vest in full before the company’s 2026 annual general meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($2,072,100)
Net Sell
1 txn
Insider
Stevens Charles K. III
Role
null
Sold
15,000 shs ($2.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 15,000 | $138.14 | $2.07M |
Holdings After Transaction:
Ordinary Shares — 45,426 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 15,000 shares
Sale price: $138.14 per share
Shares owned after sale: 45,426 shares
+1 more
4 metrics
Shares sold
15,000 shares
Ordinary Shares sold on May 8, 2026
Sale price
$138.14 per share
Open-market sale price on May 8, 2026
Shares owned after sale
45,426 shares
Total direct holdings following the reported transaction
Unvested RSUs
4,713 units
Unvested restricted share units vesting before 2026 annual meeting
Key Terms
restricted share units, unvested RSUs, open-market sale, Ordinary Shares, +1 more
5 terms
unvested RSUs financial
"Each unvested RSU represents a contingent right to receive one share"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did FLEX (FLEX) disclose for Charles K. Stevens III?
FLEX disclosed that director Charles K. Stevens III executed an open-market sale of 15,000 Ordinary Shares. The shares were sold on May 8, 2026, at a price of $138.14 per share, according to the Form 4 insider trading report.
When do the unvested FLEX RSUs held by Charles K. Stevens III vest?
The 4,713 unvested restricted share units held by Charles K. Stevens III vest in full immediately before FLEX’s 2026 annual general meeting. Upon vesting, each RSU can convert into one unrestricted, fully transferable Ordinary Share of the company.
Is this FLEX Form 4 transaction a buy or a sell by the director?
The Form 4 shows a sell transaction. Charles K. Stevens III completed an open-market sale of 15,000 FLEX Ordinary Shares, classified under transaction code “S,” which denotes a sale in an open-market or private transaction under SEC reporting rules.