---
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"
generated_at: "2026-05-25T04:38:53.159096+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Flex amends equity plan for double-trigger vesting; CEO added to enhanced severance plan

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866374-25-000011
- JSON: https://secwatch.observer/filing/0000866374-25-000011.json
- Plain text: https://secwatch.observer/filing/0000866374-25-000011.txt

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