Flex awards RSUs to director William Watkins

WATKINS WILLIAM D reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

WATKINS WILLIAM D reported acquisition or exercise transactions in this Form 4 filing.

Flex Ltd. director William D. Watkins received equity compensation awards on August 5, 2026. He was granted 1,928 RSUs as an annual non-employee director award, 820 RSUs under the Chairman of the Board annual equity award, and a one-time special RSU grant of 410 units valued at $50,000. All RSUs vest in full immediately before Flex’s 2027 annual general meeting, each delivering one ordinary share per vested unit. Following these grants, he holds 3,158 unvested RSUs.

Insider Trade Summary

Grant/Award: 3,158 shares

Grant/Award 3 txns

Insider WATKINS WILLIAM D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Ordinary Shares F1	1,928	$0.00	$0.00
Grant/Award	Ordinary Shares F2	820	$0.00	$0.00
Grant/Award	Ordinary Shares F3, F4	410	$0.00	$0.00

Holdings After Transaction: Ordinary Shares — 102,066 shares (Direct)

Footnotes (4)

1. 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.
2. F2. On August 5, 2026, the Reporting Person was awarded a total of 820 RSUs pursuant to the terms of the additional annual equity award to the Chairman of the Board 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.
3. F3. On August 5, 2026, the Reporting Person received a one-time special compensation equity award consisting of RSUs having an aggregate value of $50,000 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.
4. F4. Includes 3,158 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

Annual non-employee director RSU grant: 1,928 RSUs Chairman annual RSU award: 820 RSUs Special RSU award units: 410 RSUs +2 more

5 metrics

Annual non-employee director RSU grant 1,928 RSUs Awarded August 5, 2026 under the Amended and Restated 2017 Equity Incentive Plan

Chairman annual RSU award 820 RSUs Additional annual equity award to the Chairman of the Board on August 5, 2026

Special RSU award units 410 RSUs One-time special compensation equity award granted August 5, 2026

Special RSU award value $50,000 Aggregate value of one-time special RSU compensation award

Unvested RSUs after grants 3,158 RSUs Unvested RSUs scheduled to vest before the 2027 annual general meeting

Key Terms

restricted share units ("RSUs"), Amended and Restated 2017 Equity Incentive Plan, Non-Employee Directors' Compensation, unrestricted, fully transferable share

4 terms

restricted share units ("RSUs") financial

"Each RSU represents a contingent right to receive one unrestricted, fully transferable share"

Amended and Restated 2017 Equity Incentive Plan financial

"pursuant to the terms of the annual equity award under the Issuer's Amended and Restated 2017 Equity Incentive Plan"

Non-Employee Directors' Compensation financial

"as more fully described in the section titled "Fiscal Year 2026 Non-Employee Directors' Compensation""

unrestricted, fully transferable share financial

"Each RSU represents a contingent right to receive one unrestricted, fully transferable share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What RSU awards did FLEX director William D. Watkins receive on August 5, 2026?

William D. Watkins received three equity grants totaling 3,158 RSUs on August 5, 2026. These comprise 1,928 RSUs as an annual non-employee director award, 820 RSUs under the chairman equity program, and 410 RSUs in a one-time special award.

When do William D. Watkins’ FLEX RSU awards vest?

All reported FLEX RSU awards to William D. Watkins vest in full immediately before the 2027 annual general meeting. Upon vesting, each RSU converts into one unrestricted, fully transferable ordinary share, assuming the units have not been previously forfeited.

How many unvested FLEX RSUs does William D. Watkins hold after these grants?

After the August 5, 2026 awards, William D. Watkins holds 3,158 unvested RSUs. These unvested RSUs are scheduled to vest in full immediately before Flex Ltd.’s 2027 annual general meeting, each entitling him to one ordinary share upon vesting.

What compensation plans govern the FLEX RSU awards to William D. Watkins?

The RSU awards were granted under Flex’s Amended and Restated 2017 Equity Incentive Plan. They follow the company’s programs for Fiscal Year 2026 Non-Employee Directors’ Compensation, including the additional annual equity award framework for the Chairman of the Board.

Was William D. Watkins’ FLEX Form 4 transaction made under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not marked for these FLEX transactions. The reported acquisitions reflect equity compensation awards under company plans, rather than trades executed under a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/07/2026 - 08:54 PM Accepted by SEC EDGAR 08/07/2026 - 08:53 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WATKINS WILLIAM D

(Last) (First) (Middle)

C/O FLEXTRONICS INTERNATIONAL USA, INC.

12515-8 RESEARCH BLVD, SUITE 300

(Street)

AUSTIN TEXAS 78759

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FLEX LTD. [ FLEX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	08/05/2026		A		1,928(1)	A	$0	100,836	D
Ordinary Shares	08/05/2026		A		820(2)	A	$0	101,656	D
Ordinary Shares	08/05/2026		A		410(3)	A	$0	102,066(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. On August 5, 2026, the Reporting Person was awarded a total of 820 RSUs pursuant to the terms of the additional annual equity award to the Chairman of the Board 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.

3. On August 5, 2026, the Reporting Person received a one-time special compensation equity award consisting of RSUs having an aggregate value of $50,000 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.

4. Includes 3,158 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.

Remarks:

	/s/ William D. Watkins, by Donald T. Rozak, Jr. as attorney-in-fact	08/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)