Advaithi Revathi 4
4 · FLEX LTD. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
FLEX CEO Revathi Advaithi Sells 237,067 Shares
What Happened
- Revathi Advaithi, CEO of FLEX Ltd. (FLEX), disposed of 237,067 shares in multiple open‑market sales on June 17–18, 2026, generating approximately $34.25 million in proceeds. Individual trades ranged roughly from $141.74 to $149.19 per share (overall reported price ranges in footnotes extend approximately $141.49–$149.50).
- These were sales (not purchases or option exercises). Several sales were effected pursuant to a Rule 10b5‑1 trading plan (adopted Feb 20, 2026) and others represent shares sold to cover tax withholding on vested performance RSUs and RSUs.
Key Details
- Transaction dates: June 17, 2026 and June 18, 2026; Form 4 filed June 22, 2026.
- Total shares sold: 237,067; approximate gross proceeds: $34,247,158.
- Price range reported: about $141.49 to $149.50 per share (weighted averages and footnote ranges supplied in filing).
- Shares owned after the transactions: not fully specified in the excerpt provided. Filing footnotes disclose 54,739 unvested performance RSUs (vesting June 12, 2027) and 63,117 additional unvested RSUs vesting in installments (total 117,856 unvested RSUs) and mentions shares held in a GRAT.
- Notable footnotes: F1 = sales under a 10b5‑1 plan; F10/F11 = sales to cover tax withholding for vested RSUs; other footnotes provide weighted‑average price ranges and offer to provide per‑price details on request.
- Timeliness: Form 4 was filed June 22, 2026. Sales on June 18 appear to be timely; sales dated June 17 were reported after the two‑business‑day deadline and thus appear late on the face of this filing.
Context
- Many reported insider sales are routine (10b5‑1 plans or tax‑withholding for RSU vesting) and do not necessarily indicate a change in the insider’s view of the company. This filing documents disposals, not purchases or option exercises.
Insider Transaction Report
Form 4
FLEX LTD.FLEX
Advaithi Revathi
DirectorChief Executive Officer
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-06-17$141.74/sh−1,301$184,404→ 820,044 total - Sale
Ordinary Shares
[F1][F3]2026-06-17$143.03/sh−24,482$3,501,692→ 795,562 total - Sale
Ordinary Shares
[F1][F4]2026-06-17$143.98/sh−19,078$2,746,940→ 776,484 total - Sale
Ordinary Shares
[F1][F5]2026-06-17$145.06/sh−28,303$4,105,647→ 748,181 total - Sale
Ordinary Shares
[F1][F6]2026-06-17$145.81/sh−8,178$1,192,446→ 740,003 total - Sale
Ordinary Shares
[F1][F7]2026-06-17$146.89/sh−999$146,744→ 739,004 total - Sale
Ordinary Shares
[F1][F8]2026-06-17$147.66/sh−175$25,840→ 738,829 total - Sale
Ordinary Shares
[F1][F9]2026-06-17$149.19/sh−984$146,802→ 737,845 total - Sale
Ordinary Shares
[F10][F2]2026-06-17$141.74/sh−1,733$245,629→ 736,112 total - Sale
Ordinary Shares
[F10][F3]2026-06-17$143.03/sh−33,387$4,775,483→ 702,725 total - Sale
Ordinary Shares
[F10][F4]2026-06-17$143.98/sh−26,204$3,772,980→ 676,521 total - Sale
Ordinary Shares
[F10][F5]2026-06-17$145.06/sh−38,857$5,636,616→ 637,664 total - Sale
Ordinary Shares
[F10][F6]2026-06-17$145.81/sh−11,239$1,638,769→ 626,425 total - Sale
Ordinary Shares
[F10][F7]2026-06-17$146.89/sh−1,374$201,827→ 625,051 total - Sale
Ordinary Shares
[F10][F8]2026-06-17$147.66/sh−240$35,437→ 624,811 total - Sale
Ordinary Shares
[F10][F9]2026-06-17$149.19/sh−1,345$200,660→ 623,466 total - Sale
Ordinary Shares
[F11][F12]2026-06-18$144.88/sh−16,282$2,359,000→ 607,184 total - Sale
Ordinary Shares
[F11][F13]2026-06-18$145.35/sh−21,985$3,195,491→ 585,199 total - Sale
Ordinary Shares
[F11][F14][F15][F16]2026-06-18$146.31/sh−921$134,751→ 584,278 total
Holdings
- 815,262(indirect: By GRAT)
Ordinary Shares
[F17]
Footnotes (17)
- [F1]These sales as reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan adopted by the Reporting Person on February 20, 2026.
- [F10]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.
- [F11]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").
- [F12]Price reflects weighted average sales price; actual sales prices ranged from $144.08 to $145.075. 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.
- [F13]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.
- [F14]Price reflects weighted average sales price; actual sales prices ranged from $146.12 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.
- [F15]Includes the following: (1) 54,739 unvested RSUs, which will vest on June 12, 2027; and (2) 63,117 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.
- [F16]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
- [F17]Shares held by a grantor retained annuity trust ("GRAT") of which the reporting person is the trustee.
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $141.49 to $142.46. 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 $142.49 to $143.48. 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 $143.49 to $144.48. 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 $144.49 to $145.48. 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 sales price; actual sales prices ranged from $145.49 to $146.48. 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]Price reflects weighted average sales price; actual sales prices ranged from $146.49 to $147.29. 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.
- [F8]Price reflects weighted average sales price; actual sales prices ranged from $147.58 to $147.69. 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 $149.15 to $149.50. 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/ Revathi Advaithi, by Kristine Murphy as attorney-in-fact|2026-06-22