Flex (NASDAQ: FLEX) CAO sells shares to cover RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLEX LTD. Chief Accounting Officer Daniel Wendler reported routine equity compensation and related tax sales. On June 16, 2026 he received a grant of 9,716 ordinary shares at no cost. On June 15, 2026 he sold a total of 1,579 shares around the mid‑$140s solely to cover tax withholding on vested RSUs. After these transactions, he directly owns 43,133 ordinary shares, plus unvested RSUs and PSUs that may settle in additional shares over time.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,579 shares ($233,129)
Net Sell
5 txns
Insider
WENDLER DANIEL
Role
Chief Accounting Officer
Sold
1,579 shs ($233K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 9,716 | $0.00 | -- |
| Sale | Ordinary Shares | 302 | $144.0933 | $44K |
| Sale | Ordinary Shares | 323 | $147.2295 | $48K |
| Sale | Ordinary Shares | 348 | $148.4199 | $52K |
| Sale | Ordinary Shares | 606 | $149.1866 | $90K |
Holdings After Transaction:
Ordinary Shares — 43,133 shares (Direct, null)
Footnotes (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"). Price reflects weighted average sales price; actual sales prices ranged from $145.72 to $146.635. 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 $146.72 to $147.70. 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 $147.74 to $148.70. 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 $148.76 to $149.57. 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. On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on June 14, 2026. The Issuer certified the achievement of the performance criterion on June 16, 2026, and the PSUs were subject to applicable taxes upon delivery. Includes the following: (1) 1,480 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 2,242 unvested RSUs, which will vest on June 12, 2027; and (3) 3,443 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.
Key Figures
Shares granted: 9,716 shares
Shares sold for taxes: 1,579 shares
Post-transaction holdings: 43,133 shares
+4 more
7 metrics
Shares granted
9,716 shares
Ordinary Shares grant on June 16, 2026 at $0.00
Shares sold for taxes
1,579 shares
Net shares sold June 15, 2026 to cover RSU tax withholding
Post-transaction holdings
43,133 shares
Ordinary Shares directly owned after June 16, 2026 grant
Sale lot 1
606 shares at $149.1866
Ordinary Shares open-market sale on June 15, 2026
Sale lot 2
348 shares at $148.4199
Ordinary Shares open-market sale on June 15, 2026
Sale lot 3
323 shares at $147.2295
Ordinary Shares open-market sale on June 15, 2026
Sale lot 4
302 shares at $144.0933
Ordinary Shares open-market sale on June 15, 2026
Key Terms
restricted share units ("RSUs"), performance-based restricted share units ("PSUs"), tax withholding obligations, weighted average sales price, +1 more
5 terms
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs"
weighted average sales price financial
"Price reflects weighted average sales price; actual sales prices ranged from"
three-year performance period financial
"a certain performance criterion with respect to the three-year performance period ending on June 14, 2026"
FAQ
What insider transactions did FLEX (FLEX) report for Daniel Wendler?
Daniel Wendler reported both a share grant and share sales. He received 9,716 ordinary shares on June 16, 2026, and sold 1,579 shares on June 15, 2026. The sales were to cover tax withholding on vested restricted share units.