Form 4: Plexus CEO Sells 1,500 Shares Under 10b5-1 Plan

Plexus Corp's President and CEO, Todd P. Kelsey, sold 1,500 shares of common stock for $125.63 per share under a pre-arranged Rule 10b5-1 plan.

Summary

• Todd P. Kelsey, President & CEO and Director of Plexus Corp (PLXS), sold 1,500 shares of common stock.
• The transaction occurred on August 1, 2025, at a price of $125.63 per share.
• The sale was executed pursuant to a Rule 10b5-1 plan, which was adopted on August 16, 2024.
• Following this transaction, Mr. Kelsey directly beneficially owns 72,214 shares of Plexus Corp common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan, which is generally considered a neutral event and does not indicate new positive or negative sentiment from management.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Todd P. Kelsey, President & CEO and Director, sold 1,500 shares of Plexus Corp common stock.

Stakeholder Impact

• Shareholders may observe the sale of shares by a key executive, though the transaction's execution under a Rule 10b5-1 plan suggests it is a pre-planned liquidity event rather than an indicator of new sentiment regarding the company's prospects.

Key Dates

Recommendation

The reported transaction is a pre-scheduled sale of a relatively small number of shares by the CEO under a Rule 10b5-1 plan. This type of transaction is generally considered a routine liquidity event for executives and does not typically signal a change in the company's fundamental outlook or warrant a shift in investment strategy. Therefore, a 'hold' recommendation is appropriate as this filing provides no new information to alter an existing investment thesis.

Keywords

Plexus Corp, PLXS, Insider Trading, Form 4, Stock Sale, Todd P. Kelsey, 10b5-1 Plan, CEO, Director