---
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"
generated_at: "2026-05-31T01:21:56.720735+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Flex awards $4.6M supplemental equity to Hartung and Tan; retention-focused

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-24-000042
- JSON: https://secwatch.observer/filing/0000866374-24-000042.json
- Plain text: https://secwatch.observer/filing/0000866374-24-000042.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.