OFFER DAVID SCOTT 4
4 · FLEX LTD. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
Flex (FLEX) EVP/General Counsel David Offer Sells Shares
What Happened
- David Offer, EVP and General Counsel of Flex Ltd. (FLEX), executed a series of open-market sales on June 17–18, 2026, disposing of a total of 27,469 shares for aggregate proceeds of approximately $3,973,617.
- Individual transactions included: 529 @ $141.72 ($74,970); 4,560 @ $143.18 ($652,901); 4,575 @ $144.21 ($659,738); 10,252 @ $145.19 ($1,488,525); 896 @ $145.83 ($130,667); 2,249 @ $144.88 ($325,837); 4,200 @ $145.36 ($610,531); and 208 @ $146.39 ($30,448). Reported prices/footnotes indicate actual sale prices ranged roughly $141.58–$146.56.
Key Details
- Dates: June 17–18, 2026 (Form 4 filed June 22, 2026).
- Total sold: 27,469 shares for ~$3.97 million.
- Purpose: Sales were to cover tax-withholding obligations in connection with the vesting of performance-based RSUs and RSUs (footnotes F1, F7).
- Remaining unvested awards: Form discloses 29,929 unvested RSUs (7,164; 9,384; 13,381 with staggered vesting schedules — see F11/F12).
- Price notes: Several footnotes state weighted-average prices for grouped trades and offer to provide breakdowns on request (F2–F10).
- Timeliness: Transactions occurred 6/17–6/18 and the Form 4 was filed 6/22; the 6/17 trades appear to have been filed after the typical two-business-day reporting window.
Context
- These were routine, non-speculative tax-withholding sales tied to RSU vesting (not new purchases). Such sales are common when executives receive equity awards and do not generally signal a deliberate market view.
- The filing discloses unvested RSUs (each converts to one share upon vesting); it does not provide a full post-sale total of all shares beneficially owned.
Insider Transaction Report
Form 4
FLEX LTD.FLEX
OFFER DAVID SCOTT
EVP, General Counsel
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-06-17$141.72/sh−529$74,970→ 118,062 total - Sale
Ordinary Shares
[F1][F3]2026-06-17$143.18/sh−4,560$652,901→ 113,502 total - Sale
Ordinary Shares
[F1][F4]2026-06-17$144.21/sh−4,575$659,738→ 108,927 total - Sale
Ordinary Shares
[F1][F5]2026-06-17$145.19/sh−10,252$1,488,525→ 98,675 total - Sale
Ordinary Shares
[F1][F6]2026-06-17$145.83/sh−896$130,667→ 97,779 total - Sale
Ordinary Shares
[F7][F8]2026-06-18$144.88/sh−2,249$325,837→ 95,530 total - Sale
Ordinary Shares
[F7][F9]2026-06-18$145.36/sh−4,200$610,531→ 91,330 total - Sale
Ordinary Shares
[F7][F10][F11][F12]2026-06-18$146.39/sh−208$30,448→ 91,122 total
Holdings
- 54,721(indirect: By Trust)
Ordinary Shares
Footnotes (12)
- [F1]The sales reported in this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of performance-based restricted share units.
- [F10]Price reflects weighted average sales price; actual sales prices ranged from $146.26 to $146.56. 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.
- [F11]Includes the following: (1) 7,164 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 9,384 unvested RSUs, which will vest on June 12, 2027; and (3) 13,381 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.
- [F12]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $141.58 to $141.86. 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 $142.64 to $143.63. 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 sales price; actual sales prices ranged from $143.66 to $144.64. 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.
- [F5]Price reflects weighted average sales price; actual sales prices ranged from $144.665 to $145.66. 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.
- [F6]Price reflects weighted average purchase price; actual purchase prices ranged from $145.71 to $146.15. 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.
- [F7]The sales reported in this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted share units ("RSUs").
- [F8]Price reflects weighted average sales price; actual sales prices ranged from $144.08 to $145.077. 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.
- [F9]Price reflects weighted average sales price; actual sales prices ranged from $145.08 to $146.07. 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.
Signature
/s/ David Scott Offer, by Kristine Murphy as attorney-in-fact|2026-06-22