Pat Ward shifts 6,889 Flex (FLEX) shares into revocable trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FLEX LTD. director Pat Ward reported a bona fide gift transfer involving 6,889 Ordinary Shares on February 25, 2026, moving shares from his direct ownership to the Patrick J. Ward Revocable Trust, where he and his spouse serve as co‑trustees.
After these transfers, he continued to hold Ordinary Shares both directly and indirectly, and also had 4,713 unvested restricted share units that are scheduled to vest in full immediately before the company’s 2026 annual general meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,778 shares gifted
Mixed
3 txns
Insider
Ward Pat
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Ordinary Shares | 6,889 | $0.00 | -- |
| Gift | Ordinary Shares | 6,889 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 4,713 shares (Direct);
Ordinary Shares — 32,763 shares (Indirect, By Trust)
Footnotes (1)
- Reflects the transfer by the Reporting Person of 6,889 directly owned ordinary shares to the Patrick J. Ward Revocable Trust u/a/d 8/16/2011, of which Reporting Person and his spouse are co-trustees. Consists of 4,713 unvested restricted share units ("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.
FAQ
What did FLEX (FLEX) director Pat Ward report in this Form 4 filing?
Pat Ward reported a bona fide gift transfer of 6,889 Ordinary Shares on February 25, 2026. The shares were moved from his direct ownership into a revocable trust where he and his spouse act as co‑trustees.
How did the February 25, 2026 gift affect Pat Ward’s direct and indirect FLEX holdings?
The filing shows 6,889 directly owned shares transferred to a revocable trust, shifting them from direct to indirect ownership. Ward still has involvement through his role as co‑trustee of the trust holding the Ordinary Shares.
What FLEX equity awards does Pat Ward continue to hold after this Form 4 transaction?
Pat Ward continues to hold 4,713 unvested restricted share units. These RSUs are scheduled to vest in full immediately before FLEX LTD.’s 2026 annual general meeting, each RSU representing a right to receive one Ordinary Share if not forfeited.