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Flex Ltd. (FLEX) director awarded 174 RSUs, now holds 59,358 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HURLSTON MICHAEL E. reported acquisition or exercise transactions in this Form 4 filing.

Flex Ltd. director Michael E. Hurlston reported an equity compensation grant on July 15, 2026, receiving 174 restricted share units (RSUs) under the company’s Share Election Program in lieu of cash fees for the 04/01/2026–06/30/2026 quarter. The RSU award vested immediately. Following this grant, he directly holds 59,358 Ordinary Shares, including 4,713 unvested RSUs, each representing a contingent right to receive one unrestricted, fully transferable share upon vesting.

Positive

  • None.

Negative

  • None.
Insider HURLSTON MICHAEL E.
Role Director
Type Security Shares Price Value
Grant/Award Ordinary Shares 174 $0.00 --
Holdings After Transaction: Ordinary Shares — 59,358 shares (Direct)
Footnotes (1)
  1. On July 15, 2026, the Reporting Person was awarded a total of 174 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 04/01/2026 to 06/30/2026. The award vested immediately upon grant. 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.
RSUs granted 174 RSUs Awarded on July 15, 2026 for 04/01/2026–06/30/2026 director service
Transaction price per share 0.0000 Equity award in lieu of cash compensation
Total holdings after grant 59,358 Ordinary Shares Direct ownership following July 15, 2026 RSU grant
Unvested RSUs included in holdings 4,713 RSUs Vesting in full immediately prior to Flex Ltd.’s 2026 annual general meeting
restricted share units ("RSUs") financial
"the Reporting Person was awarded a total of 174 restricted share units ("RSUs")"
Share Election Program financial
"pursuant to the terms of the Issuer's Share Election Program whereby directors elect"
annual general meeting regulatory
"vest in full on the date immediately prior to the date of Issuer's 2026 annual general meeting"
contingent right financial
"Each unvested RSU represents a contingent right to receive one unrestricted"

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did FLEX director Michael E. Hurlston report?
Michael E. Hurlston reported an equity compensation grant of 174 restricted share units (RSUs) in Flex Ltd. The award was made on July 15, 2026 for serving as a director during the 04/01/2026–06/30/2026 quarterly period.

How many FLEX restricted share units did Michael E. Hurlston receive and when did they vest?
He received 174 RSUs from Flex Ltd. on July 15, 2026. According to the disclosure, the RSU award for the 04/01/2026–06/30/2026 period vested immediately upon grant, providing fully vested equity compensation in lieu of cash fees.

What are Michael E. Hurlston’s FLEX holdings after this Form 4 transaction?
After the reported grant, Michael E. Hurlston directly holds 59,358 Ordinary Shares of Flex Ltd. This total includes 4,713 unvested RSUs, which are scheduled to vest in full immediately prior to the company’s 2026 annual general meeting.

Under what program were the FLEX RSUs granted to Michael E. Hurlston?
The 174 RSUs were granted under Flex Ltd.’s Share Election Program, where directors may elect to receive equity in lieu of cash compensation. The program and related grants were approved by the Board and shareholders in July 2013.

What does each unvested FLEX RSU reported by Michael E. Hurlston represent?
Each unvested RSU held by Michael E. Hurlston represents a contingent right to receive one unrestricted, fully transferable Ordinary Share of Flex Ltd. for each RSU that vests and is not forfeited, as described in the disclosure footnotes.
SEC Form 4
FORM 4UNITED 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*
HURLSTON MICHAEL E.
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Ordinary Shares07/15/2026A174(1)A$059,358(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. On July 15, 2026, the Reporting Person was awarded a total of 174 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 04/01/2026 to 06/30/2026. The award vested immediately upon grant.
2. 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.
Remarks:
/s/ Michael E. Hurlston, by Kristine Murphy as attorney-in-fact07/17/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR