Form 4: Plexus CEO Todd Kelsey Executes Stock Sale
Insider Transaction Report
Plexus Corp CEO Todd P. Kelsey sold 1,500 shares of common stock on April 15, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.
Summary
- Todd P. Kelsey, President and CEO of Plexus Corp, sold 1,500 shares of common stock.
- The shares were sold at a weighted average price of $224.0867 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 20, 2025.
- Following the transaction, the reporting person retains beneficial ownership of 80,291 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a small fraction of the CEO's total holdings.
Positives
- The sale was executed under a pre-planned Rule 10b5-1 program, indicating the transaction was scheduled in advance rather than based on immediate non-public information.
Negatives
- The transaction represents a reduction in the CEO's direct equity stake in the company.
Risks
- Insider selling can sometimes be perceived negatively by the market, potentially impacting short-term investor sentiment.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales under Rule 10b5-1 plans are standard corporate practice for liquidity and diversification, and generally do not signal a change in company fundamentals.
Comparison to Industry Standards
- The use of a Rule 10b5-1 plan is consistent with best practices for corporate executives to avoid potential insider trading concerns.
Stakeholder Impact
- Minimal impact expected as the sale was conducted via a pre-arranged plan.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 2025-11-20 | Date the Rule 10b5-1 trading plan was adopted. |
| 2026-04-15 | Date of the stock sale transaction. |
| 2026-04-16 | Date the Form 4 was signed and filed. |
Keywords
Plexus Corp, PLXS, Insider Trading, Form 4, Todd Kelsey, Stock Sale
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