Research Summary
AI-generated summary of this SEC filing
FLEX Director Richard M. Eubanks Receives 1,802 RSUs
What Happened
- Richard M. Eubanks, a director of FLEX Ltd. (FLEX), was granted 1,802 restricted share units (RSUs) on September 24, 2026. The RSUs were awarded at $0.00 (no cash purchase) as part of the annual non-employee director equity award.
Key Details
- Transaction date: 2026-09-24; Form 4 filed: 2026-09-25 (timely filing).
- Transaction type/code: Award/Grant (A).
- Award size: 1,802 RSUs; acquisition price reported $0.00.
- Shares owned after transaction: the grant consists of 1,802 unvested RSUs (each RSU = contingent right to one share upon vesting).
- Vesting: the RSUs shall vest in full immediately prior to FLEX’s 2027 annual general meeting.
- Source: Award made under FLEX’s Amended and Restated 2017 Equity Incentive Plan (annual non-employee director compensation).
Context
- RSUs are a form of deferred equity compensation for directors; these units do not represent immediately transferable shares until they vest and are settled.
- This is an award (compensation) rather than an open-market purchase or sale, so it reflects routine director pay rather than a trading signal.