FLEX LTD.·4

Jun 22, 8:57 PM ET

WENDLER DANIEL 4

Research Summary

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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.