OFFER DAVID SCOTT 4

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.