Form 4 for FLEX Flex Ltd.
Accepted 2025-05-13 00:00:00 ET · period of report 2025-05-09 · accession 0001628280-25-025272 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-05-13 | 2025-05-13 | FLEX | OFFER DAVID SCOTT | EVP, GC | S - Sale | $41.99 | -32.2K | 117.3K | -22% | -$1.35M | |
| 2025-05-13 | 2025-05-09 | FLEX | OFFER DAVID SCOTT | EVP, GC | A - Grant | $0.00 | +69.1K | 149.5K | +86% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Ordinary Shares | 2025-05-13 | S | D | 32,172 | $41.99 | 117,302 | D | — | — | (F2) The sale reported in this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs. (F3) Price reflects weighted average purchase price; actual purchase prices ranged from $41.66 to $42.23. 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) Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited. (F4) Includes the following: (1) 23,043 unvested restricted share units ("RSUs"), which will vest on June 1, 2025; (2) 28,151 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2025; and (3) 29,149 unvested RSUs, which will vest in two equal annual installments beginning on June 14, 2025. |
| 2 | Common | Ordinary Shares | 2025-05-09 | A | A | 69,130 | $0.00 | 149,474 | D | — | — | (F1) On June 1, 2022, 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 March 31, 2025. The Issuer certified the achievement of the performance criterion, and the PSUs fully vested, on May 9, 2025, and were subject to applicable taxes upon delivery. |