[Form 4] Flex Ltd. Insider Trading Activity

Rhea-AI Filing Summary

Flex Ltd. (FLEX) – Insider Transaction Overview

On 06/17/2025, CEO and Director Revathi Advaithi filed a Form 4 detailing the sale of 37,465 ordinary shares in two tax-related transactions. The first trade disposed of 35,660 shares at a weighted-average price of $44.9725 (range $44.57-$45.487), while the second involved 1,805 shares at a weighted-average price of $45.6816 (range $45.572-$45.77). The stated purpose was to cover withholding taxes incurred upon the vesting of restricted share units (RSUs).

Following the sales, Advaithi continues to hold 1,363,312 ordinary shares directly. The filing also discloses 289,174 unvested RSUs that convert to one share each upon vesting: 109,478 units vest in two equal annual tranches beginning 12 Jun 2026; 94,675 units vest in three equal annual tranches beginning the same date; and 85,021 units vest on 14 Jun 2026.

No derivative securities were exercised or disposed of, and the filing does not reference a Rule 10b5-1 trading plan. Because the sales were executed solely for tax-withholding purposes and represent roughly 2.7 % of the insider’s post-transaction stake, the move is generally viewed as routine rather than a discretionary reduction in ownership.

Insights

Securities Analyst

TL;DR: Routine tax-withholding sale; negligible impact on FLEX valuation.

The CEO sold 37,465 shares—only a small fraction of her 1.36 M-share stake—to satisfy RSU-related tax obligations. Weighted-average prices near $45 match recent trading levels, suggesting no information advantage. Insider still retains significant equity plus 289 k unvested RSUs that extend to 2026, aligning long-term incentives with shareholders. As the transaction is administrative, I view it as neutral for the investment thesis.

Corporate Governance Specialist

TL;DR: Administrative insider sale; governance risk minimal.

The Form 4 clearly states the sales were made to cover statutory tax, not discretionary liquidation. No 10b5-1 plan was cited, but the modest size, full price transparency, and remaining ownership mitigate governance concerns. Unvested RSUs with multi-year vesting provide continued alignment. Overall, the filing raises no red flags and is not materially impactful to governance assessments.

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).

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 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

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	06/17/2025		S(1)		35,660	D	$44.9725(2)	1,365,117	D
Ordinary Shares	06/17/2025		S(1)		1,805	D	$45.6816(3)	1,363,312(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 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").

2. Price reflects weighted average sales price; actual sales prices ranged from $44.57 to $45.487. 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 $45.572 to $45.77. 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) 109,478 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2026; (2) 94,675 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (3) 85,021 unvested RSUs, which will vest on June 14, 2026.

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/ Revathi Advaithi, by Kristine Murphy as attorney-in-fact	06/20/2025
	** 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

How many FLEX shares did CEO Revathi Advaithi sell on 17 June 2025?

A total of 37,465 ordinary shares were sold across two transactions.

What was the average sale price of the shares sold by FLEX’s CEO?

The weighted-average prices were $44.9725 for 35,660 shares and $45.6816 for 1,805 shares.

How many FLEX shares does Revathi Advaithi own after the transaction?

She holds 1,363,312 ordinary shares directly following the reported sales.

Why were the shares sold according to the Form 4 filing?

The sales were executed to cover tax-withholding obligations related to RSU vesting.

How many unvested RSUs does the CEO still hold and when do they vest?

Advaithi holds 289,174 unvested RSUs vesting in 2026: 109,478 in two annual tranches, 94,675 in three annual tranches, and 85,021 on 14 Jun 2026.