CCO Hartung sells 29,896 shares for $4.3M at FLEX, reducing stake 10.8% after 90-day +125.5% rally
Michael P Hartung, Chief Commercial Officer, executed 8 separate sales totaling 29,896 shares for $4,324,668.37 across June 17–18, 2026, at prices ranging from $141.78 to $146.26 and a blended average of $144.66. This represents a -10.8% reduction in his FLEX holdings from 275,826 to 245,930 shares post-transaction. The timing of this sale follows a significant 90-day appreciation of +125.5%, suggesting the insider liquidated a portion of his stake into a period of strong price momentum. Hartung's cross-ticker track record shows 17 prior sells with a 90d well-timed rate of 40%, indicating mixed historical precision on exit timing across all securities. At FLEX specifically, his 5 prior sales on 2026-05-11 have all shown negative 30-day returns (-3.4% to +0.6%), with no measurable 90-day outcomes yet; this pattern suggests his recent trades at this ticker have not anticipated favorable price action, warranting observation of whether current fundamentals (P/E 63.86, $7.1B revenue, +8.1% annual growth) and the stock's proximity to its 52-week high ($166.86 vs current $155.81) align with insider conviction.