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Flex Ltd. (FLEX) filed an 8-K disclosing a one-time supplemental equity award for CEO Revathi Advaithi. On 19 June 2025, the Board, following its Compensation and People Committee鈥檚 recommendation and external consultant benchmarking, approved performance-based restricted share units (PSUs) with a grant-date fair value of US$25 million.

Key terms:

• Performance metric: growth and profitability of Flex鈥檚 data-center business, measured at FY-end 2028; payout range 0-250 % of target.
• Relative TSR cap: Over 19 Jun 2025-19 Jun 2028, PSU payout is limited to 250 % (鈮� median rTSR), 200 % (< median), or 100 % (<25th percentile).
• Vesting: Cliff vesting after performance certification; requires continuous service. Retirement or disability does not accelerate vesting (stricter than standard awards).
• Termination provisions: 鈥� Pro-rata vesting if employment ends without cause or for good reason before change-of-control. 鈥� 100 % acceleration if such termination occurs within 24 months post change-of-control (actual performance if period complete; target if incomplete).

The award seeks to (1) retain Ms. Advaithi through the next growth phase, especially in data centers, and (2) align pay with long-term shareholder value. The agreement will be filed as an exhibit to the June-quarter 10-Q.

An Annual Report to Shareholders (ARS) has been filed by Flex Ltd (NYSE: FLEX) on June 24, 2025. The filing is available only in PDF format, with no detailed text content provided in the HTML version.

The ARS is a comprehensive annual report that typically includes:

• Detailed financial statements and performance metrics
• Management's discussion and analysis (MD&A)
• Corporate governance information
• Business strategy and market position
• Risk factors and future outlook

Note: Without access to the PDF document contents, specific financial figures, performance metrics, and detailed analysis cannot be provided. Investors and analysts are advised to refer to the PDF version of the filing for complete information about Flex's annual performance and strategic direction.

Flex Ltd announces its 2025 Annual General Meeting scheduled for August 6, 2025 at 11:00 AM Central time in Austin, TX. Shareholders must vote by August 5, 2025, 11:59 PM ET.

Key proposals include:

• Re-election of nine directors including CEO Revathi Advaithi
• Re-appointment of Deloitte & Touche LLP as independent auditors for FY2026
• Non-binding advisory vote on executive compensation
• Authorization for directors to issue ordinary shares
• Renewal of Share Purchase Mandate for company stock buybacks

The Board recommends voting FOR all proposals. Shareholders can vote online at ProxyVote.com, by mail, or in person at the meeting. Proxy materials are available online, and shareholders can request paper or email copies before July 23, 2025.

Flex Ltd has filed a DEF 14A proxy statement for its Annual General Meeting scheduled for August 6, 2025. The filing highlights record financial performance in FY2025, including:

• Record adjusted operating margins of 5.7%, with quarterly margins exceeding 6% in Q3 and Q4
• 23% year-over-year growth in adjusted EPS to $2.65, marking five consecutive years of double-digit growth
• First-time achievement of over $1 billion in free cash flow
• $1.3 billion in stock repurchases

The company unveiled its new EMS + Products + Services strategy, focusing on expanding manufacturing capabilities and proprietary products. Key developments include:

• Data Center business growth of ~50% YoY to $4.8 billion
• Strategic acquisitions of JetCool and Crown Technical Systems
• Expanded global manufacturing footprint with four new U.S. locations
• Addition to S&P Midcap 400 Index

Form 4 Filing Details - Insider Trading Activity at Flex Ltd (FLEX)

Chief Accounting Officer Daniel Wendler reported two sales transactions of Ordinary Shares on June 17, 2025:

• Sale of 1,194 shares at weighted average price of $44.9807 (range: $44.58-$45.57)
• Sale of 51 shares at weighted average price of $45.6927 (range: $45.61-$45.79)

These sales were specifically to cover tax withholding obligations related to vesting RSUs. Following the transactions, Wendler holds 47,619 shares, including:

• 4,484 unvested RSUs (vesting in two annual installments from June 12, 2026)
• 5,164 unvested RSUs (vesting in three annual installments from June 12, 2026)
• 3,238 unvested RSUs (vesting June 14, 2026)

Flex Ltd (FLEX) Chief Operating Officer Tan Kwang Hooi reported insider transactions on June 17, 2025. The executive sold a total of 8,509 ordinary shares in two transactions:

• 8,136 shares at weighted average price of $44.9785 (range: $44.591-$45.577)
• 373 shares at weighted average price of $45.7063 (range: $45.65-$45.75)

The sales were specifically to cover tax withholding obligations related to vesting restricted share units (RSUs). Following these transactions, the COO holds 276,136 shares, including significant unvested RSUs:

• 23,981 RSUs vesting in two annual installments from June 2026
• 21,964 RSUs vesting in three annual installments from June 2026
• 16,195 RSUs vesting June 2026
• 72,578 RSUs vesting September 2027