{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-24-000042","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2024-09-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.080929+00:00","generated_at":"2026-05-31T01:21:56.720735+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Flex awards $4.6M supplemental equity to Hartung and Tan; retention-focused","bullets":["One-time supplemental awards: $4.6M grant date fair value each for CEO Michael P. Hartung and President Hooi Tan.","Awards split 50/50 between performance-based PSUs (adjusted EPS growth CAGR FY25-27) and time-based RSUs.","PSUs pay out 0%-200% of target; earned PSUs vest in two equal installments on Mar 31, 2028 and 2029.","RSUs cliff vest on third anniversary; no acceleration for retirement or non-cause termination without change of control.","Awards designed to support long-term retention and align with shareholder value creation over ~5-year period."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-24-000042","json":"https://secwatch.observer/filing/0000866374-24-000042.json","markdown":"https://secwatch.observer/filing/0000866374-24-000042.md","text":"https://secwatch.observer/filing/0000866374-24-000042.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637424000042/0000866374-24-000042-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637424000042/flex-20240925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T01:21:56.720735+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}