HURLSTON MICHAEL E. 4
4 · FLEX LTD. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Flex (FLEX) Director Michael Hurlston Receives 286 RSUs
What Happened
- Michael E. Hurlston, a director of Flex Ltd. (FLEX), was awarded 286 restricted share units (RSUs) on April 15, 2026. The RSUs were reported at $0.00 per share (acquisition value $0) and vested immediately upon grant. The award was issued under Flex’s Share Election Program as director compensation for the quarter 01/01/2026–03/31/2026.
Key Details
- Transaction date: 2026-04-15; Report filed: 2026-04-17 (timely filing).
- Transaction type/code: A (Award/Grant); 286 RSUs @ $0.00 (acquired).
- Vesting: The 286 RSUs vested immediately upon grant.
- Holdings note: The filing states it "includes 4,713 unvested RSUs," which vest in full immediately prior to Flex’s 2026 annual general meeting. The filing does not state a separate total post-transaction share count beyond this disclosure.
- Footnotes: Award was part of the director Share Election Program (approved by board/shareholders in 2013). No 10b5-1 plan, tax-withholding, or late-filing flags noted.
Context
- RSUs are compensation that convert into shares when (or as) they vest; because these RSUs vested immediately, they effectively represent immediate equity compensation rather than a market purchase. Awards and director equity elections are generally routine forms of compensation and do not necessarily indicate the insider is buying or selling based on a view of the company’s near-term prospects.
Insider Transaction Report
Form 4
FLEX LTD.FLEX
HURLSTON MICHAEL E.
Director
Transactions
- Award
Ordinary Shares
[F1][F2]2026-04-15+286→ 59,184 total
Footnotes (2)
- [F1]On April 15, 2026, the Reporting Person was awarded a total of 286 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 01/01/2026 to 03/31/2026. The award vested immediately upon grant.
- [F2]Includes 4,713 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.
Signature
/s/ Michael E. Hurlston, by Kristine Murphy as attorney-in-fact|2026-04-17