Flex director receives 167-share equity award
Tan Lay Koon reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Tan Lay Koon reported acquisition or exercise transactions in this Form 4 filing.
Flex Ltd. director Tan Lay Koon received 167 ordinary shares through an equity award. The grant represents restricted share units issued under Flex’s Share Election Program, where directors take equity instead of cash fees for the 01/01/2026–03/31/2026 quarter.
The award vested immediately upon grant and was received at no cash cost per share. After this award, Tan directly holds 208,805 ordinary shares, including 4,713 unvested RSUs that will vest in full immediately before Flex’s 2026 annual general meeting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 167 | $0.00 | $0.00 |
Footnotes (2)
- F1. On April 15, 2026, the Reporting Person was awarded a total of 167 restricted share units ("RSUs") pursuant to the terms of the Issuer's Share Election Program whereby directors elect to receive equity in lieu of cash compensation and as approved by Issuer's Board of Directors and Shareholders on 7/24/2013 and 7/29/2013, respectively. The award was granted for the quarterly period from 01/01/2026 to 03/31/2026. The award vested immediately upon grant.
- F2. Includes 4,713 unvested RSUs, which vest in full on the date immediately prior to the date of Issuer's 2026 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
Key Terms
annual general meeting financial
contingent right financial
FAQ
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What did Flex (FLEX) director Tan Lay Koon receive in this Form 4 filing?
When do Tan Lay Koon’s unvested Flex (FLEX) RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.