{"schema_version":"secwatch.filing_event.v1","accession":"0000866374-25-000035","form_type":"8-K","ticker":"FLEX","cik":"0000866374","company_name":"FLEX LTD.","filed_at":"2025-06-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.511417+00:00","generated_at":"2026-05-18T21:46:30.189828+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Flex CEO Revathi Advaithi receives $25M performance equity award tied to data center growth","bullets":["Grant date fair value at target of $25M in performance-based restricted share units (PSUs).","PSUs cliff-vest after fiscal 2028 based on data center business performance; payout 0%–250% of target.","Overall payout capped by relative TSR over 3 years: 250% if at/above median, 100% if below 25th percentile.","Award has restrictive vesting: no acceleration for retirement or disability, unlike standard equity awards.","Designed to retain CEO and align compensation with long-term shareholder value and data center growth plans."],"urls":{"canonical":"https://secwatch.observer/filing/0000866374-25-000035","json":"https://secwatch.observer/filing/0000866374-25-000035.json","markdown":"https://secwatch.observer/filing/0000866374-25-000035.md","text":"https://secwatch.observer/filing/0000866374-25-000035.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/866374/000086637425000035/0000866374-25-000035-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/866374/000086637425000035/flex-20250619.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T21:46:30.189828+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"}