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Pat Ward shifts 6,889 Flex (FLEX) shares into revocable trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Ward Pat

(Last) (First) (Middle)
C/O FLEXTRONICS INTERNATIONAL USA, INC.
12515-8 RESEARCH BLVD, SUITE 300

(Street)
AUSTIN TX 78759

(City) (State) (Zip)
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)
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/25/2026 G 6,889(1) D $0 4,713(2) D
Ordinary Shares 02/25/2026 G 6,889(1) A $0 32,763 I By Trust
Ordinary Shares 505 I ByTrust
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. 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.
2. 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.
Remarks:
/s/ Pat Ward, by Kristine Murphy as attorney-in-fact 02/27/2026
** 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.

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.

Was the Pat Ward Form 4 transaction in FLEX shares a sale or a gift?

The Form 4 classifies the transaction as a bona fide gift, not a sale. Shares were transferred without consideration to the Patrick J. Ward Revocable Trust, changing how they are held rather than creating open‑market selling activity.

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.

What is the role of the Patrick J. Ward Revocable Trust in FLEX share ownership?

The Patrick J. Ward Revocable Trust received 6,889 FLEX Ordinary Shares from Pat Ward. Ward and his spouse serve as co‑trustees, so the trust now holds those shares while remaining closely associated with the reporting person’s overall equity position.
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