Flex Ltd. Director Receives Shares in Lieu of Cash Retainer
FLEX LTD.
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Filing Summary
đ Flex Ltd. ($FLEX) Form 4 Alert Insider: Hurlston Michael E. (Director) Type: Award / Grant | Code: A Shares: +228 @ $0.00 Value: $0.00 Total Post-Transaction Ownership: 61,924 ordinary shares Note: Routine grant received in lieu of cash retainer under director share election program.
Comprehensive Analysis
Flex Ltd. ($FLEX) Form 4 Transaction Analysis
Summary of Transaction
On October 15, 2026, Flex Ltd. director Michael E. Hurlston acquired 228 Ordinary Shares at $0.00 per share. Following this transaction, Mr. Hurlston directly holds 61,924 Ordinary Shares (which includes 2,338 unvested RSUs).
Context and Program Details
- Transaction Code:
A(Grant or award under an equity incentive plan) - Program Structure: The shares represent restricted share units awarded under Flex Ltd.'s Share Election Program, pursuant to which directors elect to receive equity in lieu of cash retainer compensation for the quarterly period from July 1, 2026, to September 30, 2026.
- Vesting: The 228 RSUs vested immediately upon grant.
Trading Significance
This transaction carries Low informational significance for the market. It reflects standard director compensation practicesâspecifically an election to accept equity instead of cash board feesârather than a discretionary open-market purchase or sale.
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Important Disclaimer
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