Flex Ltd. Director Charles K. Stevens III Sells 15,000 Shares

What Happened Charles K. Stevens III, a director of Flex Ltd. (FLEX), disposed of 15,000 shares in an open-market sale on May 8, 2026. The shares were sold at $138.14 per share for a total transaction value of $2,072,100. This was a sale (transaction code S), which is commonly a routine insider disposition rather than a purchase signal.

Key Details

• Transaction date: 2026-05-08
• Transaction type: Open-market sale (S)
• Shares sold: 15,000 at $138.14 per share
• Total proceeds: $2,072,100
• Shares owned after transaction: Not specified in the provided filing
• Footnote: Holdings include 4,713 unvested restricted share units (RSUs) that vest in full immediately prior to the issuer’s 2026 annual general meeting; each RSU converts to one unrestricted share when vested
• Filing timeliness: Reported/Filed on 2026-05-08 (appears timely)

Context Sales by directors can be for many reasons (portfolio management, tax/liquidity needs) and do not by themselves indicate a change in company fundamentals. The filing notes unvested RSUs that remain contingent until they vest prior to the 2026 annual meeting; these are not currently transferable until vesting.