Flex Ltd. (FLEX) director receives 1,928 RSUs in annual grant
Rhea-AI Filing Summary
Tan Lay Koon reported acquisition or exercise transactions in this Form 4 filing.
FLEX LTD. director Tan Lay Koon received a grant of 1,928 restricted share units (RSUs) on August 5, 2026 under the company’s Amended and Restated 2017 Equity Incentive Plan for non-employee directors. Each RSU is a right to one ordinary share upon vesting, scheduled in full immediately before the 2027 annual general meeting, bringing direct holdings to 210,834 shares/RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,928 shares
Net Buy
1 txn
Insider
Tan Lay Koon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares F1, F2 | 1,928 | $0.00 | $0.00 |
Holdings After Transaction:
Ordinary Shares — 210,834 shares (Direct)
Footnotes (2)
- F1. On August 5, 2026, the Reporting Person was awarded a total of 1,928 restricted share units ("RSUs") pursuant to the terms of the annual equity award to Non-Employee Directors under the Issuer's Amended and Restated 2017 Equity Incentive Plan as more fully described in the section titled "Fiscal Year 2026 Non-Employee Directors' Compensation" beginning on page 24 of the Issuer's Proxy Statement filed with the SEC on June 24, 2026. Each RSU represents a contingent right to receive one unrestricted, fully transferable share for each vested RSU which has not previously forfeited. The award shall vest in full on the date immediately prior to the date of the Issuer's 2027 annual general meeting.
- F2. Includes 1,928 unvested RSUs, which shall vest in full on the date immediately prior to the date of the Issuer's 2027 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
RSUs granted: 1,928 units
Transaction date: August 5, 2026
Post-transaction holdings: 210,834 shares/RSUs
+1 more
4 metrics
RSUs granted
1,928 units
Restricted share units awarded on August 5, 2026 to non-employee director Tan Lay Koon
Transaction date
August 5, 2026
Grant date of the restricted share unit award
Post-transaction holdings
210,834 shares/RSUs
Total ordinary shares and RSUs directly held after the award, including unvested RSUs
Unvested RSUs included
1,928 units
Unvested restricted share units vesting in full immediately before the 2027 annual general meeting
Key Terms
restricted share units ("RSUs"), annual equity award, Non-Employee Directors, Equity Incentive Plan, +1 more
5 terms
annual equity award financial
"pursuant to the terms of the annual equity award to Non-Employee Directors"
Non-Employee Directors financial
"annual equity award to Non-Employee Directors under the Issuer's Amended"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
Equity Incentive Plan financial
"under the Issuer's Amended and Restated 2017 Equity Incentive Plan as"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
contingent right financial
"Each RSU represents a contingent right to receive one unrestricted"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did FLEX (FLEX) director Tan Lay Koon receive?
Tan Lay Koon received 1,928 restricted share units (RSUs) on August 5, 2026 as part of the annual equity award for non-employee directors under Flex’s 2017 Equity Incentive Plan. Each RSU represents a contingent right to receive one unrestricted, fully transferable ordinary share upon vesting.
When do Tan Lay Koon’s new FLEX (FLEX) RSUs vest?
The 1,928 RSUs granted to Tan Lay Koon vest in full on the date immediately before Flex’s 2027 annual general meeting. At vesting, each RSU converts into one unrestricted, fully transferable ordinary share, provided it has not been forfeited under the equity incentive plan.
Was Tan Lay Koon’s FLEX (FLEX) RSU grant made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, so this RSU grant is not reported as made under a Rule 10b5-1 trading plan. It is described as an annual equity award for non-employee directors under Flex’s Amended and Restated 2017 Equity Incentive Plan.