secwatch.observer — SEC 8-K summary
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Issuer:     FLEX LTD. (FLEX)
CIK:        0000866374
Form:       8-K
Filed at:   2026-06-12T20:05:08+00:00
Accession:  0000866374-26-000016
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Flex Ltd. approves FY2027 executive bonus plan: CEO 165%, CFO 115%, others 100-110% of base
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- CEO target 165% of base salary; CFO target 115%; other NEOs 100-110%.
- Performance metrics: operating profit, free cash flow, revenue; thresholds 30%, 50%, max 200% of target.
- Company operating profit as funding metric can adjust payouts +/- 20 ppt.
- Individual performance modifier can adjust final payout by +/- 10 ppt.
- Plan uses adjusted non-GAAP measures; committee may exclude extraordinary items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866374/000086637426000016/0000866374-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866374/000086637426000016/flex-20260611.htm
  HTML page:      https://secwatch.observer/filing/0000866374-26-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer