Flex (FLEX) EVP’s trust reports 33,000-share sale under Rule 10b5-1 plan
Rhea-AI Filing Summary
FLEX LTD. executive David Scott Offer reported open-market sales of a total of 33,000 Ordinary Shares, executed on June 5, 2026 through a trust classified as indirect ownership. The trades were carried out under a Rule 10b5-1(c) trading plan adopted by the reporting person.
The sales occurred in three blocks at weighted average prices of $152.9720, $154.2194, and $155.1826 per share. Following these transactions, Offer continues to hold Ordinary Shares directly and indirectly, and footnotes state he also has unvested restricted share units scheduled to vest beginning in June 2026.
Positive
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Negative
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Insights
Flex EVP’s trust sold 33,000 shares in pre-planned trades while retaining equity exposure.
The Form 4 shows entities associated with EVP and General Counsel David Scott Offer selling 33,000 Ordinary Shares in open-market transactions. Prices ranged from about $152.97 to $155.18, indicating execution across the prevailing trading range that day.
A footnote states these sales were effected under a Rule 10b5-1(c) trading plan adopted on February 11, 2026, suggesting they were pre-scheduled rather than opportunistic. After the transactions, Offer still holds direct and indirect shares plus unvested RSUs that vest starting on June 12, 2026.
The combination of pre-planned status and remaining equity stake points to routine portfolio and compensation management. There is no indication of derivative exercises or tax-withholding events in this filing; it reflects straightforward open-market sales with continuing alignment via share and RSU holdings.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 12,249 | $152.972 | $1.87M |
| Sale | Ordinary Shares | 15,601 | $154.2194 | $2.41M |
| Sale | Ordinary Shares | 5,150 | $155.1826 | $799K |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (1)
- 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 February 11, 2026. Price reflects weighted average sales price; actual sales prices ranged from $152.70 to $153.60. 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. Price reflects weighted average sales price; actual sales prices ranged from $153.795 to $154.78. 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 purchase price; actual purchase prices ranged from $154.7971 to $155.7663. 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. Includes the following: (1) 18,768 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on June 12, 2026; (2) 20,071 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (3) 14,574 unvested RSUs, which will vest on June 14, 2026. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.