Flex CCO sells 29,896 shares for tax withholding
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Rhea-AI Filing Summary
FLEX LTD. Chief Commercial Officer Michael P. Hartung reported open-market sales of a total of 29,896 ordinary shares on June 17–18, 2026. The footnotes state these sales were made to cover tax withholding obligations tied to the vesting of performance-based restricted share units and other RSUs, rather than discretionary portfolio trading. Hartung also continues to hold multiple blocks of unvested RSUs scheduled to vest between August 2026 and September 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 2,368 | $144.8894 | $343K |
| Sale | Ordinary Shares | 4,801 | $145.3579 | $698K |
| Sale | Ordinary Shares | 100 | $146.26 | $15K |
| Sale | Ordinary Shares | 553 | $141.776 | $78K |
| Sale | Ordinary Shares | 4,900 | $143.181 | $702K |
| Sale | Ordinary Shares | 5,118 | $144.1936 | $738K |
| Sale | Ordinary Shares | 10,949 | $145.1949 | $1.59M |
| Sale | Ordinary Shares | 1,107 | $145.7725 | $161K |
Footnotes (11)
- F1. 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.
- F2. Price reflects weighted average sales price; actual sales prices ranged from $141.64 to $142.639. 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 $142.64 to $143.634. 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. Price reflects weighted average sales price; actual sales prices ranged from $143.64 to $144.635. 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.
- F5. Price reflects weighted average sales price; actual sales prices ranged from $144.64 to $145.637. 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.
- F6. Price reflects weighted average sales price; actual sales prices ranged from $145.65 to $146.20. 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.
- F7. 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").
- F8. 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.
- F9. Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.06. 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.
- F10. Includes the following: (1) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; (2) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (3) 9,384 unvested RSUs, which will vest on June 12, 2027; (4) 14,643 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027; and (5) 72,578 unvested RSUs, which will vest on September 25, 2027.
- F11. 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
Key Terms
weighted average sales price financial
unvested RSUs financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did FLEX (FLEX) disclose for Michael P. Hartung?
Does Michael P. Hartung still hold unvested FLEX (FLEX) RSUs after these sales?
What do the FLEX (FLEX) RSU footnotes say about how RSUs settle?
AI-generated analysis. How Rhea-AI works. Not financial advice.