OFFER DAVID SCOTT 4
4 · FLEX LTD. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Flex (FLEX) EVP David Offer Sells 33,000 Shares (~$5.08M)
What Happened
- David Offer, EVP and General Counsel of Flex Ltd. (FLEX), sold a total of 33,000 shares in open-market transactions on June 5, 2026, for aggregate proceeds of $5,078,921.
- Trade breakdown:
- 12,249 shares at a weighted average price of $152.97 — $1,873,754
- 15,601 shares at a weighted average price of $154.22 — $2,405,977
- 5,150 shares at a weighted average price of $155.18 — $799,190
- These were sales (dispositions), which are often routine cashing-out events; purchases generally carry more positive informational weight.
Key Details
- Transaction date: 2026-06-05 (all three trades); Form 4 filed the same day (appears timely).
- Reported totals: 33,000 shares sold for $5,078,921 (sum of the three trades).
- Price detail footnotes: filing reports weighted-average prices; reported actual price ranges per footnotes were approximately $152.70–$153.60, $153.795–$154.78, and roughly $154.80–$155.77 for the respective reported prices.
- The sales were executed under a Rule 10b5-1 trading plan adopted by Offer on February 11, 2026 (prearranged trading plan).
- Shares owned after transaction: not specified in the supplied data. The filing discloses unvested RSUs totaling 53,413 (18,768 + 20,071 + 14,574), which represent contingent rights to receive shares upon vesting.
Context
- A 10b5-1 plan means the trades were prearranged and executed according to a plan adopted earlier; that reduces (but does not eliminate) the inference that the insider traded on recent nonpublic information.
- The filing notes those RSUs are unvested and will vest in scheduled installments (starting June 12, 2026, and a tranche on June 14, 2026); each RSU converts to one share when vested.
- No exercise of options or gifts were reported here — just open-market sales. As always, sales do not necessarily signal negative company outlook; they can reflect diversification, tax planning, or other personal reasons.
Insider Transaction Report
Form 4
FLEX LTD.FLEX
OFFER DAVID SCOTT
EVP, General Counsel
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-06-05$152.97/sh−12,249$1,873,754→ 94,222 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F3]2026-06-05$154.22/sh−15,601$2,405,977→ 78,621 total(indirect: By Trust) - Sale
Ordinary Shares
[F1][F4]2026-06-05$155.18/sh−5,150$799,190→ 73,471 total(indirect: By Trust)
Holdings
- 74,926
Ordinary Shares
[F5][F6]
Footnotes (6)
- [F1]The sale(s) reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on February 11, 2026.
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $152.70 to $153.60. 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 $153.795 to $154.78. 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 purchase price; actual purchase prices ranged from $154.7971 to $155.7663. 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]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) 20,071 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; and (3) 14,574 unvested RSUs, which will vest on June 14, 2026.
- [F6]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Signature
/s/ David Scott Offer, by Kristine Murphy as attorney-in-fact|2026-06-05