Flex (NASDAQ: FLEX) director Tan Lay Koon awarded 197 RSUs in Q4 board compensation
Rhea-AI Filing Summary
Flex Ltd. director Tan Lay Koon received an equity grant as part of board compensation. On January 15, 2026, the director was awarded 197 restricted share units under Flex’s Share Election Program, where directors choose to receive equity instead of cash fees. The award covered the quarter from October 1, 2025 to December 31, 2025 and vested immediately on the grant date. After this transaction, the director beneficially owned 208,638 ordinary shares, including 4,713 unvested RSUs that are scheduled to vest in full immediately before Flex’s 2026 annual general meeting.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did FLEX director Tan Lay Koon report?
Director Tan Lay Koon reported the acquisition of 197 restricted share units (RSUs) of Flex Ltd. on January 15, 2026 under the company’s director share election program.
What is the value and type of FLEX shares involved in this Form 4?
The transaction involved 197 ordinary shares in the form of RSUs at a reported price of $0 per share, reflecting a compensatory award rather than an open-market purchase.
How many FLEX shares does Tan Lay Koon own after this transaction?
Following the reported award, 208,638 ordinary shares of Flex Ltd. are beneficially owned, which includes both vested shares and unvested RSUs.
How are the unvested FLEX RSUs for Tan Lay Koon scheduled to vest?
The filing states that 4,713 unvested RSUs will vest in full on the date immediately prior to Flex’s 2026 annual general meeting, with each RSU convertible into one unrestricted share upon vesting.
What period of service does this FLEX RSU award cover?
The 197 RSUs were granted for the director’s service during the quarterly period from October 1, 2025 to December 31, 2025 under Flex’s Share Election Program.
Did the FLEX RSU award to Tan Lay Koon vest immediately?
Yes. The filing explains that this grant of 197 RSUs vested immediately upon grant on January 15, 2026.