Hartung Michael P, Chief Commercial Officer of Flex Ltd. (FLEX), has been a consistent seller of company stock over the past year, with no open-market purchases recorded in his SEC Form 4 filings. Across 37 total transactions, all involving FLEX, he has disposed of shares worth approximately $18.4 million. The selling pattern is heavily concentrated in recent months: between May and June 2026 alone, Hartung executed 22 open-market sales totaling roughly $8.9 million, with the largest single-day activity occurring on June 17, when five sales brought in about $3.7 million. Additional sales on June 15 and June 18 added another $1.5 million and $1.05 million, respectively, while a May 11 cluster of seven trades generated nearly $3.2 million.
The filings also show two equity awards—one on May 8 and another on June 11—each valued at $0, indicating compensation grants rather than purchases. These awards were followed by subsequent sales, a pattern consistent with an executive monetizing vested equity. The most recent transaction, a sale on June 18 worth $14,626, suggests the selling activity remains ongoing. Notably, Hartung has not engaged in any buy-side transactions, either open-market purchases or acquisitions through option exercises, during the covered period. The absence of any "P" or "M" codes, combined with the steady stream of "S" trades, points to a clear directional bias toward reducing his FLEX position. While the sales vary in size—from a few thousand dollars to nearly $1.6 million—the overall trajectory is one of consistent liquidation, with no indication of accumulation or a shift toward a more balanced approach.
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