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EdgarHawk

Hartung Michael P

Chief Commercial Officer

Officer
2 filings analyzed · 1 company · Latest 2025-09-17

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Companies

Company Buys Sells Direction
FLEX LTD. FLEX 0 2 Net selling

Activity

September 2025
2025-09-17 FLEX LTD. FLEX 10b5-1 Plan
medium
Sell
45,000 shares
$2,571,470
Significance 5/10

FLEX CCO Michael P Hartung sold 45,000 shares (45.0K shares) for $2,571,469.59 ($2.6M) at blended avg $57.14 on 2025-09-16

Michael P Hartung, Chief Commercial Officer, executed 2 separate sales totaling 45,000 shares (45.0K shares) for $2,571,469.59 ($2.6M) on 2025-09-16 at prices near the 52-week high ($26.68–$58.05 range), with the stock currently at $56.46 (-2.7% from peak). His post-transaction holdings of 256,198 shares (256.2K shares) represent a 14.9% reduction versus his prior position of 301,198 shares (301.2K shares). Historically at FLEX, Hartung's prior 5 trades show mixed timing outcomes: 2 of 5 prior sales achieved negative 90-day returns (well-timed declines), while 3 of 5 saw stock prices rise subsequently (+3.8% to +25.2%), indicating inconsistent sell timing at this ticker. The filing occurs amid a stock at 52-week highs following a 22.3% 90-day gain, though underlying fundamentals show annual revenue decline of -2.3% year-over-year and a P/E of 23.82.

February 2025
2025-02-07 FLEX LTD. FLEX 10b5-1 Plan
medium
Sell
64,807 shares
$2,844,538
Significance 5/10

CFO Hartung sold 64,807 shares at $43.78–$44.23 for $2.8M, reducing stake 21.7%; stock down 13.0% FY-over-FY.

Hartung Michael P, Chief Commercial Officer, executed 2 separate sales totaling 64,807 shares for $2,844,537.80 at prices near the 52-week peak ($43.89 blended average vs. $44.46 high). This represents a 21.7% reduction in his holdings, from 298,333 to 233,526 shares. The sale occurred against a backdrop of -13.0% annual revenue growth and mixed recent prior trade outcomes at FLEX: his 5 prior same-ticker sales show only 2 of 5 were followed by declines (40% well-timed rate), with recent underperformance notably on 2024-06-12 (−11.6% 90d return). The transaction's proximity to the 52-week high and material stake reduction merit investor attention given the company's YoY revenue contraction.

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