FLEX Director Erin McSweeney Receives 1,928 RSU Award

What Happened
Erin McSweeney, a non-employee director of Flex Ltd. (FLEX), was granted 1,928 restricted share units (RSUs) on August 5, 2026. The grant was reported as an award (transaction code A) at a $0.00 per-share acquisition price (no cash paid). The RSUs are unvested and represent contingent rights to receive one unrestricted share per vested RSU; the award will vest in full on the date immediately prior to the issuer’s 2027 annual general meeting. This is a standard director compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-05; filing date: 2026-08-07 (filed within the normal Form 4 reporting window).
• Security: 1,928 RSUs granted; reported acquisition price $0.00; total cash paid $0.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: Award granted under the Issuer’s Amended & Restated 2017 Equity Incentive Plan as part of annual non-employee director compensation; each RSU converts to one unrestricted share upon vesting; vesting in full immediately prior to the 2027 AGM (see proxy statement filed June 24, 2026).
• No tax-withholding, sell-to-cover, or immediate share issuance reported in the filing.

Context
RSUs are a common form of director compensation and are contingent until they vest; they do not represent immediately tradable shares. Because this is a grant (not a purchase or sale), it should be viewed as routine compensation rather than a direct bullish or bearish signal from the director.