HURLSTON MICHAEL E. 4

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.