FLEX COO sells 12,500 shares under Rule 10b5-1 at ~$65 avg
Flex Ltd. (FLEX) reported an insider transaction by its Chief Operating Officer.
Rhea-AI Filing Summary
Flex Ltd. (FLEX) reported an insider transaction by its Chief Operating Officer. On 10/27/2025, the officer sold a total of 12,500 ordinary shares under a Rule 10b5-1(c) trading plan adopted on December 9, 2024. The sales included 11,312 shares at a weighted average price of $64.8172 (range $64.338–$65.331) and 1,188 shares at a weighted average of $65.5142 (range $65.341–$65.79).
Following these transactions, the officer reported 251,136 shares beneficially owned. The reported holdings include unvested RSUs: 23,981 and 21,964 vesting in annual installments beginning June 12, 2026, 16,195 vesting on June 14, 2026, and 72,578 vesting on September 25, 2027.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 11,312 | $64.8172 | $733K |
| Sale | Ordinary Shares | 1,188 | $65.5142 | $78K |
Footnotes (5)
- F1. 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 December 9, 2024.
- F2. Price reflects weighted average sales price; actual sales prices ranged from $64.338 to $65.331. 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.
- F3. Price reflects weighted average sales price; actual sales prices ranged from $65.341 to $65.79. 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.
- F4. Includes the following: (1) 23,981 unvested restricted share units ("RSUs"), which will vest in two equal annual installments beginning on June 12, 2026; (2) 21,964 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; (3) 16,195 unvested RSUs, which will vest on June 14, 2026; and (4) 72,578 unvested RSUs, which will vest on September 25, 2027.
- F5. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
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