Flex (ticker: FLEX) CCO receives 7,599 RSUs vesting through 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hartung Michael P reported acquisition or exercise transactions in this Form 4 filing.
Flex Ltd. Chief Commercial Officer Michael P. Hartung reported a grant of 7,599 restricted share units (RSUs) of ordinary shares. The award was received at no cash cost and will vest in three equal annual installments beginning on June 11, 2027. After this grant, Hartung directly holds 240,305 ordinary shares, including several prior unvested RSU awards with vesting dates ranging from June 12, 2026 through September 25, 2027. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share when it vests and is not forfeited.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hartung Michael P
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 7,599 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 240,305 shares (Direct, null)
Footnotes (1)
- Consists of 7,599 unvested restricted share units ("RSUs"), which will vest in three equal annual installments beginning on June 11, 2027. Includes the following: (1) 18,768 unvested RSUs, which will vest in two equal annual installments beginning on June 12, 2026; (2) 21,964 unvested RSUs, which will vest in three equal annual installments beginning on June 12, 2026; (3) 14,574 unvested RSUs, which will vest on June 14, 2026; (4) 10,532 unvested RSUs, which will vest in two equal annual installments beginning on August 15, 2026; (5) 7,599 unvested RSUs, which will vest in three equal annual installments beginning on June 11, 2027; and (6) 72,578 unvested RSUs, which will vest on September 25, 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
New RSU grant: 7,599 RSUs
Grant price: $0.0000 per share
Total holdings after grant: 240,305 shares
+5 more
8 metrics
New RSU grant
7,599 RSUs
Granted to CCO Michael P. Hartung on June 11, 2026
Grant price
$0.0000 per share
RSU grant received at no cash cost
Total holdings after grant
240,305 shares
Direct ordinary share holdings following the transaction
Unvested RSUs tranche 1
18,768 RSUs
Vest in two equal installments beginning June 12, 2026
Unvested RSUs tranche 2
21,964 RSUs
Vest in three equal installments beginning June 12, 2026
Single-date vesting RSUs
14,574 RSUs
Vest on June 14, 2026
Additional installment RSUs
10,532 RSUs
Vest in two equal installments beginning August 15, 2026
Later single-date RSUs
72,578 RSUs
Vest on September 25, 2027
Key Terms
restricted share units ("RSUs"), unvested RSUs, contingent right, fully transferable share
4 terms
unvested RSUs financial
"Includes the following: (1) 18,768 unvested RSUs, which will vest in two equal annual installments"
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable share"
FAQ
What did Flex (FLEX) disclose about Michael P. Hartung’s recent equity award?
Flex reported that Chief Commercial Officer Michael P. Hartung received a grant of 7,599 restricted share units (RSUs). These RSUs were granted at no cash cost and will convert into ordinary shares if they vest and are not forfeited.
How and when do Michael P. Hartung’s new 7,599 Flex (FLEX) RSUs vest?
The 7,599 new RSUs granted to Michael P. Hartung vest in three equal annual installments starting June 11, 2027. Each installment represents one-third of the grant and, upon vesting, delivers one ordinary share for each RSU not previously forfeited.
What other unvested RSU awards does Michael P. Hartung hold at Flex (FLEX)?
Hartung’s holdings include several unvested RSU awards: 18,768 vesting in two installments from June 12, 2026, 21,964 vesting in three installments from June 12, 2026, 14,574 vesting June 14, 2026, 10,532 in two installments from August 15, 2026, and 72,578 vesting September 25, 2027.
What does each unvested RSU represent in the Flex (FLEX) Form 4 for Michael P. Hartung?
Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable Flex ordinary share upon vesting. Shares are delivered only for RSUs that actually vest and are not forfeited under the terms of the award.