Form 4: Dean A. Foate Reports Stock Unit Vesting in Plexus Corp.
SEC Form 4 Filing
Dean A. Foate, Chairman of the Board at Plexus Corp., reports the vesting and settlement of restricted stock units on January 29, 2025.
Summary
- Dean A. Foate, Chairman of the Board at Plexus Corp., filed a Form 4 detailing changes in beneficial ownership.
- On January 29, 2025, 1,979 restricted stock units (RSUs) vested and settled, each representing a contingent right to receive one share of Plexus Corp. common stock.
- Foate directly owns 108,059 shares of Plexus Corp. common stock after the reported transaction.
- He also indirectly owns 20,000 shares through a trust for which he is a trustee.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock unit vesting, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Restricted Stock Units vested and settled. |
| 01/31/2025 | Date of Form 4 filing. |
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