Tan Kwang Hooi 4

What Happened

• Tan Kwang Hooi, Chief Operating Officer of Flex Ltd., sold 17,500 shares on March 9, 2026 at $58.87 per share, generating $1,030,225 in proceeds. This was a sale (S) — often routine for diversification or liquidity rather than a direct signal of company prospects.
• The sale was effected under a Rule 10b5-1(c) trading plan adopted by the reporting person on December 8, 2025, indicating the trade was pre-arranged.

Key Details

• Transaction date and price: 2026-03-09, 17,500 shares at $58.87 per share (total $1,030,225).
• Transaction type: Sale (S), reported as open-market or private sale and executed under a 10b5-1 plan (Footnote F1).
• Shares owned after transaction: Filing discloses unvested RSUs totaling 134,718 (see below) but does not state the total beneficially owned shares after the sale.
• Notable footnotes:
  • F1: Trade executed pursuant to a Rule 10b5-1(c) plan adopted 2025-12-08.
  • F2: Filing lists 23,981 RSUs vesting in two equal annual installments beginning 2026-06-12; 21,964 RSUs vesting in three equal annual installments beginning 2026-06-12; 16,195 RSUs vesting 2026-06-14; and 72,578 RSUs vesting 2027-09-25 (total unvested RSUs = 134,718).
  • F3: Each unvested RSU converts to one unrestricted share upon vesting.
• Timeliness: Report filed on 2026-03-10 for a 2026-03-09 transaction (filed promptly).

Context

• Sales executed under 10b5-1 plans are pre-scheduled trades that insiders set up to avoid questions about trading on nonpublic information; they are common and do not by themselves indicate a change in sentiment about the company.
• The filing shows restricted share units (RSUs) that remain unvested and will convert to shares on specified future dates; these are contingent rights, not current transferable shares.