4Filed Aug 6, 8:00 PM ET

FLEX Ltd. Director Ward Pat Receives 2,338 RSUs

$FLEX · FLEX LTD.

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FLEX Ltd. Director Ward Pat Receives 2,338 RSUs

What Happened

  • Ward Pat, a director of FLEX Ltd. (FLEX), was granted two equity awards on August 5, 2026: 1,928 RSUs (annual non-employee director award) and a one‑time special award of 410 RSUs. Both grants are recorded at $0.00 (awards, not purchases).
  • The 410‑RSU special award is described as having an aggregate value of $50,000. All 2,338 RSUs are unvested and will vest in full on the date immediately prior to FLEX’s 2027 annual general meeting. Each RSU entitles the holder, upon vesting, to one unrestricted, fully transferable common share.

Key Details

  • Transaction date: August 5, 2026; Form 4 filed August 7, 2026 (appears timely).
  • Awards: 1,928 RSUs (annual director award) + 410 RSUs (one‑time special award) = 2,338 RSUs total. Price reported: $0.00 (grant).
  • Shares owned after transaction: filing notes 2,338 unvested RSUs (vest in full prior to 2027 AGM). The filing does not enumerate any other existing vested common shares held by the reporting person.
  • Notable footnotes: F1 describes the annual director RSU award per the 2017 Equity Incentive Plan and proxy; F2 confirms the $50,000 special award value; F3 clarifies the total 2,338 unvested RSUs and vesting timing.
  • No 10b5‑1 plan, tax withholding, or sale/exercise activity is disclosed in this filing.

Context

  • This is a routine equity compensation grant to a non‑employee director, common as part of board compensation. Awards are not purchases and do not by themselves signal buying or selling intent. The RSUs convert to ordinary shares only upon vesting (prior to the 2027 AGM).