WENDLER DANIEL 4
4 · FLEX LTD. · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
FLEX CAO Daniel Wendler Sells 5,201 Shares
What Happened Daniel Wendler, Chief Accounting Officer of FLEX Ltd. (FLEX), sold a total of 5,201 shares in open-market trades on June 17–18, 2026. The disposals totaled approximately $752,357. Individual lots reported: 120 @ $142.28, 928 @ $143.26, 918 @ $144.35, 1,861 @ $145.23, 63 @ $145.93 (all 6/17) and 806 @ $144.98, 488 @ $145.53, 17 @ $146.31 (all 6/18). Reported prices reflect weighted averages; actual trade prices ranged roughly $141.72–$146.31.
Key Details
- Transaction type: Sales to cover tax withholding related to vesting of RSUs (footnotes F1 and F7). Transaction code: S (Sale); tax-withholding designation: F.
- Dates: June 17–18, 2026. Filing date: June 22, 2026 (appears later than the typical 2-business-day Form 4 deadline).
- Total shares sold: 5,201; total proceeds reported: ~$752,357.
- Shares owned after transaction: The filing does not state total shares owned on a post-trade basis; it discloses unvested RSUs totaling 7,165 (1,480; 2,242; and 3,443 in the schedules described in F10). Each unvested RSU converts to one share upon vesting (F11).
- Price detail notes: Several footnotes (F2–F9) indicate weighted-average prices and provide actual price ranges per lot; full per-price breakdown is available from the filer on request.
Context These sales were routine tax-withholding dispositions tied to the vesting of restricted share units (RSUs and performance-based RSUs), which is common for executives and does not, by itself, signal a change in sentiment. The filing’s several-day delay (trades 6/17–6/18, filed 6/22) means the Form 4 appears to have been submitted after the usual two-business-day deadline.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-06-17$142.28/sh−120$17,073→ 43,013 total - Sale
Ordinary Shares
[F1][F3]2026-06-17$143.26/sh−928$132,947→ 42,085 total - Sale
Ordinary Shares
[F1][F4]2026-06-17$144.35/sh−918$132,513→ 41,167 total - Sale
Ordinary Shares
[F1][F5]2026-06-17$145.23/sh−1,861$270,273→ 39,306 total - Sale
Ordinary Shares
[F1][F6]2026-06-17$145.93/sh−63$9,194→ 39,243 total - Sale
Ordinary Shares
[F7][F8]2026-06-18$144.98/sh−806$116,852→ 38,437 total - Sale
Ordinary Shares
[F7][F9]2026-06-18$145.53/sh−488$71,018→ 37,949 total - Sale
Ordinary Shares
[F7][F10][F11]2026-06-18$146.31/sh−17$2,487→ 37,932 total
Footnotes (11)
- [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 performance-based restricted share units.
- [F10]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.
- [F11]Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
- [F2]Price reflects weighted average sales price; actual sales prices ranged from $141.72 to $142.688. 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 $142.728 to $143.705. 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 $143.745 to $144.735. 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 $144.76 to $145.70. 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.
- [F6]Price reflects weighted average sales price; actual sales prices ranged from $145.78 to $146.17. 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]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").
- [F8]Price reflects weighted average sales price; actual sales prices ranged from $144.205 to $145.195. 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 $145.22 to $146.20. 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.