This paper proposes a flexible saturation limiter (FSL) for dc-link voltage control (DVC) of grid-forming (GFM) inverters, to enhance transient stability under large disturbances. First, the impact of the conventional saturation limiter (CSL) of DVC on the transient stability of GFM inverters is analyzed. It is found that the CSL can enhance transient stability, yet it may boost the dc-link voltage or even trigger overvoltage protection, especially when the threshold value of CSL is small. To tackle the adverse impact of CSL on dc-link voltage, a flexible saturation limiter is then proposed, which only begins to limit the active power reference when the derivative of dc-link voltage turns from positive to negative (the dc-link voltage reaches its peak value at this instant). Finally, experimental and simulation tests confirm the effectiveness of the method.