STOCK TITAN

Flex (NASDAQ: FLEX) CEO sells 237,067 shares under 10b5-1 plan

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

Rhea-AI Filing Summary

FLEX LTD. Chief Executive Officer Revathi Advaithi reported open-market sales of a total of 237,067 Ordinary Shares on June 17–18, 2026. The sales were executed under a pre-arranged Rule 10b5-1(c) trading plan adopted on February 20, 2026, and footnotes state that the transactions were used to cover tax withholding obligations tied to the vesting of performance-based restricted share units and restricted share units.

After these trades, Advaithi directly holds 584,278 Ordinary Shares. In addition, 815,262 Ordinary Shares are held indirectly through a grantor retained annuity trust for which she serves as trustee.

Positive

  • None.

Negative

  • None.
Insider Advaithi Revathi
Role Chief Executive Officer
Sold 237,067 shs ($34.25M)
Type Security Shares Price Value
Sale Ordinary Shares 16,282 $144.8839 $2.36M
Sale Ordinary Shares 21,985 $145.3487 $3.20M
Sale Ordinary Shares 921 $146.3092 $135K
Sale Ordinary Shares 1,301 $141.7403 $184K
Sale Ordinary Shares 24,482 $143.0313 $3.50M
Sale Ordinary Shares 19,078 $143.9847 $2.75M
Sale Ordinary Shares 28,303 $145.0605 $4.11M
Sale Ordinary Shares 8,178 $145.8115 $1.19M
Sale Ordinary Shares 999 $146.8907 $147K
Sale Ordinary Shares 175 $147.656 $26K
Sale Ordinary Shares 984 $149.1895 $147K
Sale Ordinary Shares 1,733 $141.7364 $246K
Sale Ordinary Shares 33,387 $143.0342 $4.78M
Sale Ordinary Shares 26,204 $143.9849 $3.77M
Sale Ordinary Shares 38,857 $145.0605 $5.64M
Sale Ordinary Shares 11,239 $145.8109 $1.64M
Sale Ordinary Shares 1,374 $146.8899 $202K
Sale Ordinary Shares 240 $147.656 $35K
Sale Ordinary Shares 1,345 $149.1896 $201K
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 607,184 shares (Direct, null); Ordinary Shares — 815,262 shares (Indirect, By GRAT)
Footnotes (1)
  1. These sales as reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on February 20, 2026. Price reflects weighted average sales price; actual sales prices ranged from $141.49 to $142.46. 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. Price reflects weighted average sales price; actual sales prices ranged from $142.49 to $143.48. 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 $143.49 to $144.48. 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 $144.49 to $145.48. 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 $145.49 to $146.48. 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 $146.49 to $147.29. 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 $147.58 to $147.69. 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 $149.15 to $149.50. 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. 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. 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"). 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. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.07. 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 $146.12 to $146.56. 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) 54,739 unvested RSUs, which will vest on June 12, 2027; and (2) 63,117 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited. Shares held by a grantor retained annuity trust ("GRAT") of which the reporting person is the trustee.
Shares sold 237,067 shares Total Ordinary Shares sold on June 17–18, 2026
Direct holdings after transactions 584,278 shares Ordinary Shares directly held by CEO after June 2026 sales
Indirect GRAT holdings 815,262 shares Ordinary Shares held by grantor retained annuity trust as of June 17, 2026
Single trade example 21,985 shares at $145.3487 Open-market sale of Ordinary Shares on June 18, 2026
Single trade example 38,857 shares at $145.0605 Open-market sale of Ordinary Shares on June 17, 2026
Highest cited sale price $149.1896 per share Ordinary Share sale price on June 17, 2026
Net share direction -237,067 shares Net-sell direction from transaction summary
Rule 10b5-1(c) trading plan financial
"These sales ... were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on February 20, 2026."
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.
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")."
grantor retained annuity trust ("GRAT") financial
"Shares held by a grantor retained annuity trust ("GRAT") of which the reporting person is the trustee."
unvested RSUs financial
"Includes the following: (1) 54,739 unvested RSUs ... and (2) 63,117 unvested RSUs, which will vest in two equal annual installments..."
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SEC Form 4
FORM 4UNITED 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).
X
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*
Advaithi Revathi

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive 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)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/17/2026S(1)1,301D$141.7403(2)820,044D
Ordinary Shares06/17/2026S(1)24,482D$143.0313(3)795,562D
Ordinary Shares06/17/2026S(1)19,078D$143.9847(4)776,484D
Ordinary Shares06/17/2026S(1)28,303D$145.0605(5)748,181D
Ordinary Shares06/17/2026S(1)8,178D$145.8115(6)740,003D
Ordinary Shares06/17/2026S(1)999D$146.8907(7)739,004D
Ordinary Shares06/17/2026S(1)175D$147.656(8)738,829D
Ordinary Shares06/17/2026S(1)984D$149.1895(9)737,845D
Ordinary Shares06/17/2026S(10)1,733D$141.7364(2)736,112D
Ordinary Shares06/17/2026S(10)33,387D$143.0342(3)702,725D
Ordinary Shares06/17/2026S(10)26,204D$143.9849(4)676,521D
Ordinary Shares06/17/2026S(10)38,857D$145.0605(5)637,664D
Ordinary Shares06/17/2026S(10)11,239D$145.8109(6)626,425D
Ordinary Shares06/17/2026S(10)1,374D$146.8899(7)625,051D
Ordinary Shares06/17/2026S(10)240D$147.656(8)624,811D
Ordinary Shares06/17/2026S(10)1,345D$149.1896(9)623,466D
Ordinary Shares06/18/2026S(11)16,282D$144.8839(12)607,184D
Ordinary Shares06/18/2026S(11)21,985D$145.3487(13)585,199D
Ordinary Shares06/18/2026S(11)921D$146.3092(14)584,278(15)(16)D
Ordinary Shares815,262(17)IBy GRAT
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. These sales as reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on February 20, 2026.
2. Price reflects weighted average sales price; actual sales prices ranged from $141.49 to $142.46. 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.
3. Price reflects weighted average sales price; actual sales prices ranged from $142.49 to $143.48. 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 $143.49 to $144.48. 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 $144.49 to $145.48. 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 $145.49 to $146.48. 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. Price reflects weighted average sales price; actual sales prices ranged from $146.49 to $147.29. 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.
8. Price reflects weighted average sales price; actual sales prices ranged from $147.58 to $147.69. 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 $149.15 to $149.50. 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.
10. 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.
11. 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").
12. 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.
13. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.07. 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.
14. Price reflects weighted average sales price; actual sales prices ranged from $146.12 to $146.56. 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.
15. Includes the following: (1) 54,739 unvested RSUs, which will vest on June 12, 2027; and (2) 63,117 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.
16. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
17. Shares held by a grantor retained annuity trust ("GRAT") of which the reporting person is the trustee.
Remarks:
/s/ Revathi Advaithi, by Kristine Murphy as attorney-in-fact06/22/2026
** Signature of Reporting PersonDate
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)