Flex (FLEX) Chief Accounting Officer receives 1,480-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WENDLER DANIEL reported acquisition or exercise transactions in this Form 4 filing.
Flex Ltd. Chief Accounting Officer Daniel Wendler received an equity compensation award of 1,480 Ordinary Shares in the form of unvested restricted share units. The grant was at no cash cost to him and increases his direct holdings to 34,996 Ordinary Shares.
The 1,480 new RSUs will vest in three equal annual installments beginning on June 11, 2027, aligning part of his compensation with long‑term company performance. Footnotes show his total includes several prior unvested RSU grants with vesting dates in 2026 and 2027, each convertible into one ordinary share upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WENDLER DANIEL
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 1,480 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 34,996 shares (Direct, null)
Footnotes (1)
- Consists of 1,480 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 11, 2027. Includes the following: (1) 4,484 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2026; (2) 5,164 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; (3) 3,238 unvested RSUs, which will vest on June 14, 2026; and (4) 1,480 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not been previously forfeited.
Key Figures
RSU grant size: 1,480 shares
Grant price: $0.0000 per share
Total shares after grant: 34,996 shares
+4 more
7 metrics
RSU grant size
1,480 shares
Unvested restricted share units granted as of June 11, 2026
Grant price
$0.0000 per share
Equity compensation award, no cash exercise price
Total shares after grant
34,996 shares
Direct Ordinary Share holdings following transaction
New RSU vesting start
June 11, 2027
1,480 RSUs vest in three equal annual installments beginning on this date
Unvested RSUs tranche 1
4,484 RSUs
Vest in two equal annual installments beginning June 12, 2026
Unvested RSUs tranche 2
5,164 RSUs
Vest in three equal annual installments beginning June 12, 2026
Unvested RSUs tranche 3
3,238 RSUs
Vest on June 14, 2026
Key Terms
restricted share units, RSUs, contingent right, unrestricted, fully transferable share
4 terms
RSUs financial
"Includes the following: (1) 4,484 unvested RSUs, which will vest in two equal annual installments..."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share..."
FAQ
What did Flex (FLEX) executive Daniel Wendler report in this Form 4?
Daniel Wendler reported receiving 1,480 Flex Ordinary Shares as a grant of unvested restricted share units. These RSUs were awarded at no cash cost and are part of his equity compensation package, increasing his direct holdings to 34,996 Ordinary Shares after the transaction.
Is the Flex (FLEX) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market stock purchase. Code “A” indicates an award or other acquisition, and the 1,480 Ordinary Shares were granted as unvested restricted share units with a zero dollar per-share price, typical of equity compensation.
What is the vesting schedule for Daniel Wendler’s new Flex (FLEX) RSUs?
The 1,480 newly granted Flex RSUs vest in three equal annual installments starting June 11, 2027. Additional unvested RSUs already held are scheduled to vest in 2026 and 2027, spreading his equity compensation over multiple future dates tied to continued service.
What other unvested RSUs does Daniel Wendler hold at Flex (FLEX)?
Footnotes state Wendler’s total includes 4,484 unvested RSUs vesting in two annual installments from June 12, 2026, 5,164 vesting in three annual installments from June 12, 2026, 3,238 vesting on June 14, 2026, and the new 1,480 vesting from June 11, 2027.