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[Form 4] FLEX LTD. Insider Trading Activity

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

Rhea-AI Filing Summary

Insider sales by FLEX Ltd. executive Michael P. Hartung were disclosed on Form 4. The filing shows two Rule 10b5-1 plan sales on 09/16/2025: 41,539 ordinary shares sold at a weighted-average price of $57.0906 and 3,461 ordinary shares sold at a weighted-average price of $57.7819, leaving the reporting person with 259,659 and 256,198 shares reported after each sale respectively. The filing notes the sales were effected under a 10b5-1(c) trading plan adopted June 17, 2025, and provides ranges of actual prices for each block. The remaining beneficial ownership includes multiple tranches of unvested restricted share units that convert one-for-one into shares upon vesting.

Positive

  • Sales executed under a Rule 10b5-1(c) trading plan, indicating pre-established transaction rules
  • Filing discloses weighted-average prices and actual price ranges, improving transparency
  • Detailed RSU vesting schedules are provided for remaining unvested awards

Negative

  • Aggregate sale of 45,000 shares on 09/16/2025 reduced the reporting person's holdings
  • Post-sale beneficial ownership decreased to 259,659 and 256,198 shares as reported after each sale

Insights

TL;DR: Senior officer sold roughly 45,000 shares under a pre-established 10b5-1 plan; ownership remains in the mid-250K share range.

The sales reported were executed pursuant to a Rule 10b5-1(c) plan adopted on June 17, 2025, which typically reduces concerns about opportunistic timing. The two blocks totaled 45,000 shares at weighted-average prices of $57.0906 and $57.7819 on 09/16/2025. Post-transaction beneficial ownership figures are disclosed and include significant unvested RSUs described by vesting schedules. For investors, this is a routine insider disposition documented under a formal plan.

TL;DR: Transaction is a documented Rule 10b5-1 sale; transparency is present via price ranges and RSU disclosures.

The Form 4 provides clear explanatory notes: the 10b5-1 plan date, weighted-average sales prices, and actual price ranges for each sale block, plus details on unvested RSU tranches and vesting timelines. Such disclosures improve transparency about the nature and timing of the dispositions and the composition of remaining holdings. No amendments or additional derivative transactions are reported.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Hartung Michael P

(Last) (First) (Middle)
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12515-8 RESEARCH BLVD, SUITE 300

(Street)
AUSTIN TX 78759

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FLEX LTD. [ FLEX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Commercial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Ordinary Shares 09/16/2025 S(1) 41,539 D $57.0906(2) 259,659 D
Ordinary Shares 09/16/2025 S(1) 3,461 D $57.7819(3) 256,198(4)(5) D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on June 17, 2025.
2. Price reflects weighted average sales price; actual sales prices ranged from $56.70 to $57.64. 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 $57.705 to $57.90. 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. 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) 21,964 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; (3) 14,574 unvested RSUs, which will vest on June 14, 2026; (4) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; and (5) 72,578 unvested RSUs, which will vest on September 25, 2027.
5. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Remarks:
/s/ Michael P. Hartung, by Kristine Murphy as attorney-in-fact 09/17/2025
** Signature of Reporting Person Date
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.

FAQ

What did Michael P. Hartung sell and when (FLEX)?

The Form 4 reports sales on 09/16/2025 of 41,539 and 3,461 ordinary shares under a 10b5-1 plan.

At what prices were the FLEX shares sold?

Weighted-average prices were $57.0906 for the 41,539-share block and $57.7819 for the 3,461-share block; actual prices ranged $56.70–$57.64 and $57.705–$57.90 respectively.

Was the sale part of a pre-established plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1(c) trading plan adopted June 17, 2025.

How many shares does the reporting person hold after the transactions?

The Form 4 shows beneficial ownership figures of 259,659 and 256,198 shares following the reported transactions.

Are there unvested awards included in the remaining ownership?

Yes. The filing lists multiple unvested RSU tranches (e.g., 18,768, 21,964, 14,574, 10,532, 72,578) with specified vesting schedules.
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Electronic Components
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United States
AUSTIN