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.