WENDLER DANIEL 4
4 · FLEX LTD. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
FLEX Chief Accounting Officer Daniel Wendler Sells Shares
What Happened Daniel Wendler, Chief Accounting Officer of FLEX Ltd. (FLEX), had 1,579 shares sold in open‑market transactions on June 15, 2026 (four separate lots) for a total reported proceeds of $233,128. Those sales were reported as dispositions to cover tax‑withholding obligations related to equity vesting. On June 16, 2026 Wendler was issued 9,716 shares in connection with the certification and delivery of performance‑based restricted share units (PSUs).
Key Details
- Transactions: Sales (S) on 2026-06-15: 302 @ $144.09; 323 @ $147.23; 348 @ $148.42; 606 @ $149.19 — total disposed: 1,579 shares for $233,128. Award/Acquisition (A) on 2026-06-16: 9,716 shares (reported $0 acquisition price for RSU/PSU delivery).
- Price notes: Weighted‑average prices reported; actual sale prices ranged across the lots (rough ranges disclosed in footnotes: ~$145.72–149.57).
- Reason: Sales were to satisfy tax withholding on vested RSUs/PSUs (footnote).
- Unvested equity: Footnotes show 7,165 unvested RSUs remain (various future vesting schedules). Each unvested RSU converts to one share when vested.
- Filing timeliness: Report filed 2026-06-17 for activity on 6/15 and 6/16 — within standard Form 4 reporting windows.
Context
- The sales were labeled as tax‑withholding dispositions, a routine administrative sale that does not necessarily signal a personal decision to reduce exposure. The 9,716 shares reflect PSUs that vested after the issuer certified performance for the 3‑year period ending June 14, 2026.
- No option exercises or gifts were reported. Retail investors typically view purchases as stronger signals than tax‑related withholding sales.
Insider Transaction Report
Form 4
FLEX LTD.FLEX
WENDLER DANIEL
Chief Accounting Officer
Transactions
- Sale
Ordinary Shares
[F1][F2]2026-06-15$144.09/sh−302$43,516→ 34,694 total - Sale
Ordinary Shares
[F1][F3]2026-06-15$147.23/sh−323$47,555→ 34,371 total - Sale
Ordinary Shares
[F1][F4]2026-06-15$148.42/sh−348$51,650→ 34,023 total - Sale
Ordinary Shares
[F1][F5]2026-06-15$149.19/sh−606$90,407→ 33,417 total - Award
Ordinary Shares
[F6][F7][F8]2026-06-16+9,716→ 43,133 total
Footnotes (8)
- [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 restricted share units ("RSUs").
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $145.72 to $146.635. 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 $146.72 to $147.70. 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 $147.74 to $148.70. 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 $148.76 to $149.57. 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]On June 14, 2023, the Reporting Person was awarded performance-based restricted share units ("PSUs") within a preset range, with the actual number contingent upon the achievement of a certain performance criterion with respect to the three-year performance period ending on June 14, 2026. The Issuer certified the achievement of the performance criterion on June 16, 2026, and the PSUs were subject to applicable taxes upon delivery.
- [F7]Includes the following: (1) 1,480 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; (2) 2,242 unvested RSUs, which will vest on June 12, 2027; and (3) 3,443 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2027.
- [F8]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Signature
/s/ Daniel Wendler, by Kristine Murphy as attorney-in-fact|2026-06-17