Flex Ltd (FLEX) Director Tan Lay Koon Receives 1,928 RSU Award

What Happened
Tan Lay Koon, a director of Flex Ltd (FLEX), was awarded 1,928 restricted stock units (RSUs) on August 5, 2026. The RSUs were granted at $0.00 per share (standard for RSU awards) and represent a contingent right to receive one unrestricted share for each vested RSU. The award vests in full on the date immediately prior to the Issuer’s 2027 annual general meeting.

Key Details

• Transaction date and price: August 5, 2026; grant of 1,928 RSUs at $0.00 per RSU.
• Shares owned after transaction: 1,928 unvested RSUs (convertible to 1,928 shares upon vesting).
• Footnotes: Award made under the Issuer’s Amended and Restated 2017 Equity Incentive Plan as part of the Fiscal Year 2026 non-employee director compensation. Each RSU equals one share when vested; vesting in full immediately prior to the 2027 AGM.
• Filing timeliness: Form 4 filed on August 7, 2026 (within the typical two-business-day filing window).
• No sale, purchase, tax-withholding, or 10b5-1 plan noted in this filing.

Context
RSU grants to non-employee directors are common compensation and do not require an immediate cash outlay. This award is a compensation grant rather than an open-market purchase or sale, and should be read as part of routine director pay rather than a direct market sentiment signal.