Flex Ltd. (FLEX) grants director 1,928 RSUs vesting before 2027 AGM
Rhea-AI Filing Summary
McSweeney Erin reported acquisition or exercise transactions in this Form 4 filing.
Flex Ltd. reported that director Erin McSweeney received an equity grant of 1,928 restricted share units on August 5, 2026 under the company’s Amended and Restated 2017 Equity Incentive Plan. The RSUs vest in full immediately before Flex’s 2027 annual general meeting, bringing her direct holdings to 11,440 ordinary shares, including the unvested RSUs.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 1,928 shares
Net Buy
1 txn
Insider
McSweeney Erin
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 1,928 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 11,440 shares (Direct)
Footnotes (2)
- F1. On August 5, 2026, the Reporting Person was awarded a total of 1,928 restricted share units ("RSUs") pursuant to the terms of the annual equity award to Non-Employee Directors under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more fully described in the section titled "Fiscal Year 2026 Non-Employee Directors' Compensation" beginning on page 24 of the Issuer's Proxy Statement filed with the SEC on June 24, 2026. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of the Issuer's 2027 annual general meeting,
- F2. Includes 1,928 unvested RSUs, which shall vest in full on the date immediately prior to the date of the Issuer's 2027 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.
Key Figures
RSUs awarded: 1,928 units
Shares held after award: 11,440 shares
Grant price per share: $0.0000
3 metrics
RSUs awarded
1,928 units
Restricted share units granted to director on August 5, 2026
Shares held after award
11,440 shares
Total direct holdings following the equity grant
Grant price per share
$0.0000
Equity award granted as compensation, not a cash purchase
Key Terms
restricted share units, Non-Employee Directors, Equity Incentive Plan, contingent right
4 terms
Non-Employee Directors financial
"pursuant to the terms of the annual equity award to Non-Employee Directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Equity Incentive Plan financial
"under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
contingent right financial
"Each RSU represents a contingent right to receive one unrestricted"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FLEX report for director Erin McSweeney?
Director Erin McSweeney received a grant of 1,928 restricted share units (RSUs) on August 5, 2026 under Flex’s Amended and Restated 2017 Equity Incentive Plan, as part of the annual equity award program for Non-Employee Directors, with each RSU convertible into one ordinary share upon vesting.
When will Erin McSweeney’s 1,928 FLEX RSUs vest?
The 1,928 RSUs granted to Erin McSweeney will vest in full immediately before Flex’s 2027 annual general meeting. Until that date, the RSUs remain unvested and represent a contingent right to receive unrestricted, fully transferable ordinary shares, subject to forfeiture conditions.
Did Erin McSweeney pay cash to acquire the 1,928 FLEX RSUs?
No cash purchase was reported; the RSU grant shows a per-share value of $0.0000. This indicates the award is equity compensation under Flex’s Amended and Restated 2017 Equity Incentive Plan, rather than a market transaction where the director bought shares for cash.