WATKINS WILLIAM D 4
4 · FLEX LTD. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
FLEX Director William D. Watkins Receives Award (316 RSUs)
What Happened William D. Watkins, a director of FLEX Ltd. (FLEX), was awarded 316 restricted share units (RSUs) on July 15, 2026. The Form 4 reports the acquisition as 316 RSUs at $0.00 (316 @ $0 = $0). Per the filing, these RSUs vested immediately upon grant and thus represent an immediate equity award rather than an open‑market purchase or sale.
Key Details
- Transaction date: 2026-07-15; Form filed: 2026-07-17. No late-filing flag is indicated in the filing.
- Award: 316 RSUs granted and vested immediately; reported acquisition price $0.00.
- Shares owned after transaction: Form does not list a total common‑share count; filing notes an additional 6,718 unvested RSUs remain outstanding for the reporting person.
- Footnotes: F1 — RSUs were awarded under FLEX’s Share Election Program (directors elect equity in lieu of cash) and approved by board/shareholders in 2013; F2 — the 6,718 unvested RSUs vest in full immediately prior to the issuer’s 2026 annual general meeting and each unvested RSU converts to one share upon vesting.
Context RSUs granted to non‑employee directors are generally routine compensation and do not reflect an open‑market buy or sell decision. Because these 316 RSUs vested immediately, they function like an immediate equity grant; the additional 6,718 RSUs remain contingent until their scheduled vesting before the 2026 annual meeting.
Insider Transaction Report
- Award
Ordinary Shares
[F1][F2]2026-07-15+316→ 98,908 total
Footnotes (2)
- [F1]On July 15, 2026, the Reporting Person was awarded a total of 316 restricted share units ("RSUs") pursuant to the terms of the Issuer's Share Election Program whereby directors elect to receive equity in lieu of cash compensation and as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 04/01/2026 to 06/30/2026. The award vested immediately upon grant.
- [F2]Includes 6,718 unvested RSUs, which vest in full on the date immediately prior to the date of Issuer's 2026 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferrable share for each vested RSU which has not been previously forfeited.