{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-25-000011","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2025-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.555379+00:00","generated_at":"2026-05-25T04:38:53.159096+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Flex amends equity plan for double-trigger vesting; CEO added to enhanced severance plan","bullets":["Board approved amendment to 2017 Equity Incentive Plan clarifying double-trigger vesting of awards assumed in a change of control, effective March 5, 2025.","CEO Revathi Advaithi added to amended Executive Severance Plan; prior separate offer letter severance replaced.","Under new plan, CEO receives 2.99x base salary plus target bonus, accelerated equity, and 3 years benefits upon qualifying termination within 24 months of a change of control.","Other participants receive 2x multiplier and 2 years benefits; no material change to non-change-of-control severance."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-25-000011","json":"https://secwatch.observer/filing/0000866374-25-000011.json","markdown":"https://secwatch.observer/filing/0000866374-25-000011.md","text":"https://secwatch.observer/filing/0000866374-25-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637425000011/0000866374-25-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637425000011/flex-20250305.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T04:38:53.159096+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"}