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AI brief of an SEC Form 8-K · Flex (FLEX)

Flex approves fiscal 2027 executive annual bonus plan with 165% CEO target

Neutral Impact 2 of 5 shareholder Written later

On June 11, 2026, Flex's board approved the Annual Incentive Bonus Plan for fiscal 2027, which sets cash bonus opportunities for executive officers tied to company operating profit, free cash flow and revenue targets. The filing sets target bonuses of 165% of base salary for the CEO and 115% for the CFO, and the board retains authority to adjust payouts.

Key points

  • Plan approved by the board on June 11, 2026, for fiscal year 2027
  • CEO target bonus set at 165% of base salary; CFO target at 115%; other named executive officers 100% to 110%
  • Payouts tied to operating profit, revenue and free cash flow, with a maximum of 200% of target
  • Board or Compensation and People Committee can adjust payouts and exclude unusual items

The filing

CompanyFlex (FLEX)
Form8-K, current report
Filed with the SECJun 12, 2026, 4:05 PM ET
Accession number0000866374-26-000016

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 12, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.