Kwang Hooi Tan (then-COO) sold 35,638 shares for $5,155,338.62 across 8 transactions on 2026-06-17 to 2026-06-18
Kwang Hooi Tan, who was COO at the time of filing, conducted 8 separate sales totaling 35,638 shares for $5,155,338.62 at prices ranging from $141.65 to $146.41, reducing his holdings by 12.5% to 248,546 shares. The current stock price of $155.81 is 17.6% higher over the past 30 days and 125.5% higher over the past 90 days, yet the blended average sale price of $144.66 sits below current levels. His prior sales at FLEX show a 30-day pattern of negative returns (-3.4%, -2.8%, -2.3%, -1.4%), and his cross-ticker track record shows a 90-day well-timed rate of 40%, suggesting mixed predictive value. The substantial sale during a period of strong upward momentum warrants monitoring of whether this represents redeployment or a shift in conviction.