WATKINS WILLIAM D 4

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.