Form 4: PLEXUS CEO Sells Shares Under Pre-Arranged Trading Plan
Insider Transaction Report
PLEXUS Corp.'s President and CEO, Todd P. Kelsey, sold 1,500 shares of common stock for $134.51 per share on July 1, 2025, as part of a pre-arranged Rule 10b5-1 trading plan.
Summary
- Todd P. Kelsey, President & CEO and Director of PLEXUS CORP, executed a sale of company common stock.
- The transaction involved the disposition of 1,500 shares of Common Stock, $.01 par value.
- The shares were sold at a price of $134.51 per share.
- The sale occurred on July 1, 2025.
- Following this transaction, Todd P. Kelsey beneficially owns 73,714 shares of PLEXUS CORP common stock.
- The sale was conducted pursuant to a Rule 10b5-1 plan, which was adopted on August 16, 2024.
Sentiment
Score: 5
Explanation: A sale under a Rule 10b5-1 plan is generally considered neutral in terms of sentiment, as it is a pre-scheduled transaction and does not necessarily reflect the insider's current view on the company's prospects.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing reports a routine insider stock transaction under a pre-arranged trading plan, which is common practice for corporate executives to manage their equity holdings for diversification or liquidity purposes. It does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The sale represents a minor reduction in the CEO's direct holdings, but as it's under a 10b5-1 plan, it typically does not signal a change in management's confidence in the company's long-term prospects.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date Rule 10b5-1 plan was adopted. |
| 07/01/2025 | Date of the reported transaction (sale of common stock). |
| 07/02/2025 | Date the Form 4 filing was signed. |
Keywords
PLEXUS CORP, PLXS, Form 4, insider trading, stock sale, Rule 10b5-1, Todd P. Kelsey, CEO, director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.