Flex (FLEX) director granted 167 RSUs for Q1 2026 board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tan Lay Koon reported acquisition or exercise transactions in this Form 4 filing.
Flex Ltd. director Tan Lay Koon received 167 ordinary shares through an equity award. The grant represents restricted share units issued under Flex’s Share Election Program, where directors take equity instead of cash fees for the 01/01/2026–03/31/2026 quarter.
The award vested immediately upon grant and was received at no cash cost per share. After this award, Tan directly holds 208,805 ordinary shares, including 4,713 unvested RSUs that will vest in full immediately before Flex’s 2026 annual general meeting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tan Lay Koon
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 167 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 208,805 shares (Direct)
Footnotes (1)
- On April 15, 2026, the Reporting Person was awarded a total of 167 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 01/01/2026 to 03/31/2026. 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.
Key Figures
RSU grant: 167 RSUs
Grant price: $0.00 per share
Total direct holdings: 208,805 ordinary shares
+1 more
4 metrics
RSU grant
167 RSUs
Awarded for 01/01/2026–03/31/2026 director service
Grant price
$0.00 per share
Equity compensation, no cash paid by director
Total direct holdings
208,805 ordinary shares
Shares held directly after the grant
Unvested RSUs
4,713 RSUs
Vest immediately before Flex’s 2026 annual general meeting
Key Terms
restricted share units ("RSUs"), Share Election Program, annual general meeting, contingent right
4 terms
annual general meeting financial
"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, fully transferrable share"
FAQ
What did Flex (FLEX) director Tan Lay Koon receive in this Form 4 filing?
Tan Lay Koon received an equity award of 167 restricted share units, representing ordinary shares of Flex Ltd. The grant was made as compensation for board service and vested immediately, increasing the director’s direct holdings in the company.
When do Tan Lay Koon’s unvested Flex (FLEX) RSUs vest?
The filing notes 4,713 unvested restricted share units that vest in full immediately before Flex’s 2026 annual general meeting. Each unit will convert into one unrestricted, fully transferable ordinary share when vesting conditions are met.