Form 4: FLEX CCO Sells Shares Under Pre-Arranged 10b5-1 Plan

FLEX LTD.'s Chief Commercial Officer, Michael P. Hartung, sold a total of 14,990 ordinary shares on November 11, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Michael P. Hartung, Chief Commercial Officer of FLEX LTD., reported the sale of ordinary shares.
• The transactions occurred on November 11, 2025.
• A total of 14,990 ordinary shares were sold across three separate transactions.
• The sales were executed pursuant to a Rule 10b5-1(c) trading plan adopted by Mr. Hartung on June 17, 2025.
• The shares were sold at weighted average prices of $62.0165 (11,442 shares), $62.8281 (3,496 shares), and a price of $63.5 (62 shares).
• Following these transactions, Mr. Hartung beneficially owns 211,198 ordinary shares.
• This beneficial ownership includes 18,768 unvested restricted share units (RSUs) vesting in two equal annual installments beginning June 12, 2026.
• It also includes 21,964 unvested RSUs vesting in three equal annual installments beginning June 12, 2026.
• Additionally, 14,574 unvested RSUs will vest on June 14, 2026.
• Another 10,532 unvested RSUs will vest in two equal annual installments beginning August 15, 2026.
• Finally, 72,578 unvested RSUs are included, which will vest on September 25, 2027.

Sentiment

Score: 5

Explanation: A neutral event as it's a pre-scheduled sale under a 10b5-1 plan, which is common for executive financial planning and not necessarily indicative of negative company performance or a change in outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret insider selling differently, though a 10b5-1 plan mitigates concerns about opportunistic selling, suggesting the transaction is for personal financial planning rather than a reflection of company prospects.

Next Steps

• Vesting of 18,768 RSUs in two equal annual installments beginning June 12, 2026.
• Vesting of 21,964 RSUs in three equal annual installments beginning June 12, 2026.
• Vesting of 14,574 RSUs on June 14, 2026.
• Vesting of 10,532 RSUs in two equal annual installments beginning August 15, 2026.
• Vesting of 72,578 RSUs on September 25, 2027.

Key Dates

Recommendation

The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 trading plan. Such transactions are typically for personal financial planning and do not usually signal a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing. Investors should continue to hold and monitor broader company performance and market conditions.

Keywords

FLEX, FLEX LTD, insider trading, Form 4, stock sale, 10b5-1 plan, Michael P. Hartung, Chief Commercial Officer, CCO, restricted share units, RSUs