Director Tan Lay Koon sold 50,000 shares of FLEX at $43.25; retains 202,850 shares post-transaction
Director Tan Lay Koon sold 50,000 shares at $43.25 on 2025-02-10, reducing his holdings by 19.8% from 252,850 to 202,850 shares. The sale occurred at a price near the 52-week high of $44.46 (-3.3%), during a period of positive momentum with a 30-day change of +8.8% and a 90-day change of +14.3%. While the transaction is material in size at $2,162,500.00 in value, the director maintained substantial remaining holdings of 202,850 shares, indicating continued stake retention. FLEX reported a declining financial trajectory with annual revenue growth of -13.0%, though the company maintains a reasonable P/E of 16.29 against its $16.5B market cap. The transaction warrants monitoring to determine whether this represents a discrete reduction or part of a broader pattern of director activity.