FLEX LTD. (FLEX) director Pat Ward reports new RSU compensation grants
Rhea-AI Filing Summary
Ward Pat reported acquisition or exercise transactions in this Form 4 filing.
FLEX LTD. director Pat Ward reported equity compensation awards dated August 5, 2026. He received 1,928 restricted share units under the company’s 2017 Equity Incentive Plan and a one-time special RSU grant valued at $50,000, representing 410 RSUs. In total, 2,338 unvested RSUs are scheduled to vest in full immediately before FLEX’s 2027 annual general meeting. Ward also reports indirect holdings of 32,763 and 505 ordinary shares held by trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,338 shares
Net Buy
4 txns
Insider
Ward Pat
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1 | 1,928 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares F2, F3 | 410 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 7,051 shares (Direct);
Ordinary Shares — 32,763 shares (Indirect, By Trust);
Ordinary Shares — 505 shares (Indirect, ByTrust)
Footnotes (3)
- 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. 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.
- F3. Includes 2,338 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 RSU award: 1,928 RSUs
Special RSU award units: 410 RSUs
Special RSU award value: $50,000
+3 more
6 metrics
Annual RSU award
1,928 RSUs
Restricted share units granted August 5, 2026 under the 2017 Equity Incentive Plan
Special RSU award units
410 RSUs
One-time special compensation RSU award granted August 5, 2026
Special RSU award value
$50,000
Aggregate value of Pat Ward’s one-time special RSU equity award
Unvested RSUs
2,338 RSUs
Total unvested RSUs scheduled to vest before FLEX’s 2027 annual general meeting
Indirect trust holdings
32,763 shares
Ordinary shares held indirectly by trust reported as "By Trust"
Additional trust holdings
505 shares
Ordinary shares held indirectly by trust reported as "ByTrust"
Key Terms
restricted share units, Amended and Restated 2017 Equity Incentive Plan, Non-Employee Directors' Compensation, contingent right to receive one unrestricted, fully transferable share
4 terms
Amended and Restated 2017 Equity Incentive Plan financial
"under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more"
Non-Employee Directors' Compensation financial
"section titled "Fiscal Year 2026 Non-Employee Directors' Compensation" beginning"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did Pat Ward report for FLEX (FLEX)?
Pat Ward reported receiving 1,928 restricted share units (RSUs) under FLEX’s Amended and Restated 2017 Equity Incentive Plan and a one-time special RSU award of 410 RSUs, together reflecting his fiscal 2026 non-employee director equity compensation at the company.
What is the value of Pat Ward’s special RSU award at FLEX (FLEX)?
The filing states that Pat Ward received a one-time special RSU compensation award with an aggregate value of $50,000. These RSUs are in addition to his annual director equity grant and follow the same vesting schedule tied to the 2027 annual general meeting.
When do Pat Ward’s FLEX (FLEX) RSU awards vest?
Both RSU awards are scheduled to vest in full immediately before FLEX’s 2027 annual general meeting. At that time, each vested RSU entitles Ward to receive one unrestricted, fully transferable ordinary share, assuming the awards have not been previously forfeited.
How many unvested RSUs does Pat Ward hold in FLEX (FLEX)?
The filing notes that Ward’s holdings include 2,338 unvested RSUs, all of which are scheduled to vest in full immediately prior to FLEX’s 2027 annual general meeting. Each unvested RSU represents a contingent right to receive one unrestricted, fully transferable ordinary share upon vesting.
Are Pat Ward’s FLEX (FLEX) transactions under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as affirmatively adopted, and no footnote describes these awards as made under a Rule 10b5-1 trading plan. The reported transactions are equity compensation grants rather than open-market purchases or sales.