Flex Ltd. Director Receives Quarterly Share Election Grant

Executive Summary

On October 19, 2026, Flex Ltd. (NASDAQ: FLEX) filed a Form 4 on behalf of Director Tan Lay Koon reporting the acquisition of 133 Ordinary Shares on October 15, 2026. The shares were awarded at $0 per share under the company's Share Election Program, which allows directors to elect equity in lieu of cash compensation. Following the transaction, Tan Lay Koon directly holds 210,967 ordinary shares.

Transaction Details

• Date of Transaction: October 15, 2026
• Security: Ordinary Shares
• Transaction Code: A (Grant/Award)
• Shares Acquired: 133 shares
• Price Per Share: $0.00
• Total Consideration: $0.00
• Nature of Ownership: Direct
• Post-Transaction Beneficial Ownership: 210,967 shares (including 1,928 unvested RSUs)

Filing Mechanics & Notes

According to the footnotes:

1. The 133 restricted share units (RSUs) were granted under Flex's Share Election Program for the quarterly period spanning July 1, 2026, through September 30, 2026, and vested immediately upon grant.
2. The total post-transaction ownership includes 1,928 unvested RSUs scheduled to vest prior to the company's 2027 annual general meeting.

Market & Trading Significance

This transaction carries Low trading significance. It represents a routine, scheduled equity compensation grant in lieu of cash fees rather than an open-market discretionary purchase or sale. Such transactions reflect normal governance and board remuneration practices.