I can confirm, after removing my flex adapter and installing a standard stock, and after speaking with mossberg tech support, that the following steps are necessary.
1. Unloaded. Safety on.
2. Remove whatever flex stock is on there.
3. Using a 1/8" punch, awl, or screwdriver and a hammer/mallet - push the horizontal rolled pin out of the adapter using as little violent force as possible. The pin you removed is what held the vertical key housing in place.
4. Slide the vertical key housing out of it's seat. You can now see the standard stock screw head that requires a standard Allen driver. It will require some leverage to remove.
5. Using the appropriate size Allen driver and as little force as possible, remove the stock screw.
Stick your adapter in a plastic baggy for replacement whenever mossberg or a third party comes out with desired flex stock...because the whole thing really is a great idea. Attach your replacement stock following standard 500 instructions.