Advaithi Revathi 4

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.