WENDLER DANIEL 4

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.