Form 4: Plexus CFO Plans 401(k) Stock Sale on May 6, 2026

Plexus Corp.'s Executive VP & CFO, Patrick John Jermain, has reported a planned disposition of 3,815 shares from his 401(k) plan on May 6, 2026, at $268.9356 per share, under a Rule 10b5-1(c) plan.

Summary

• Patrick John Jermain, Executive VP & CFO of Plexus Corp. (PLXS), reported a planned transaction.
• The transaction, scheduled for May 6, 2026, involves the disposition of 3,815 shares of Plexus Corp. common stock.
• These shares are currently held indirectly in the Plexus Corp. 401(k) Savings Plan and will be sold at a price of $268.9356 per share.
• This disposition is being made pursuant to a pre-arranged Rule 10b5-1(c) trading plan.
• Following the execution of this planned transaction, Jermain will directly own 17,534 shares and will have 0 shares indirectly owned in the 401(k) plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. A Form 4 filing for a planned insider sale, particularly one under a 10b5-1 plan, is a routine disclosure and typically does not carry significant positive or negative implications for the company's operational performance or future prospects.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

StockSavvy.ai notes that insider sales, especially those executed under a Rule 10b5-1 plan, are common for executive compensation and personal financial planning and do not necessarily indicate a change in company fundamentals or outlook. This is a routine disclosure for an executive at a manufacturing services company like Plexus.

Stakeholder Impact

• Shareholders: May observe a neutral to slightly negative sentiment from a planned insider sale, though mitigated by the pre-arranged 10b5-1 plan which suggests personal financial planning rather than a reaction to new company-specific information.

Key Dates

Recommendation

The filing reports a routine insider sale by the CFO under a pre-arranged 10b5-1 plan. Such transactions are common for personal financial management and diversification and do not typically signal a change in the company's fundamental outlook. Therefore, a 'hold' recommendation is appropriate as this specific filing does not provide new information to alter an existing investment thesis.

Keywords

Plexus Corp, PLXS, Insider Trading, Form 4, Stock Sale, CFO, Patrick John Jermain, 401k, Rule 10b5-1