Form 4: Plexus CFO Sells Shares Post-RSU Vesting

Plexus Corp's Executive VP & CFO, Patrick Jermain, sold a portion of his common stock holdings following the vesting of Restricted Stock Units.

Summary

• Patrick John Jermain, Executive VP & CFO of Plexus Corp (PLXS), reported transactions involving the company's common stock.
• On January 30, 2026, 9,360 Restricted Stock Units (RSUs) vested and settled, converting into 9,360 shares of common stock.
• Concurrently, 4,433 shares were disposed of at $199.33 per share to cover tax liabilities related to the RSU vesting.
• On February 3, 2026, an additional 4,841 shares were sold at $204.01 per share.
• Following these transactions, Mr. Jermain directly holds 20,469 shares of Plexus Corp. common stock.
• Additionally, 3,719 shares are held indirectly in the Plexus Corp. 401(k) Retirement Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine insider transaction involving the vesting of restricted stock units and subsequent sales, including for tax obligations, which is common practice and does not indicate a strong positive or negative sentiment.

Positives

• The vesting of 9,360 Restricted Stock Units indicates the achievement of performance or time-based conditions, reflecting positively on the executive's tenure and the company's compensation structure.

Negatives

• The sale of 4,841 shares at $204.01, beyond the shares disposed for tax purposes, represents a reduction in direct insider ownership.

Future Outlook

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

Industry Context

StockSavvy.ai notes that post-vesting sales by executives are a common occurrence across industries, often driven by tax obligations or personal financial planning rather than a specific outlook on the company's future performance. This transaction aligns with typical executive compensation and liquidity events.

Comparison to Industry Standards

• The pattern of Restricted Stock Unit (RSU) vesting followed by sales to cover tax obligations and for personal liquidity is a standard practice observed among executives in publicly traded companies across various industries.
• This type of transaction is common for executives receiving equity compensation and does not inherently signal a unique deviation from industry norms regarding insider trading patterns.

Key Dates

Keywords

Plexus Corp, PLXS, Insider Trading, Form 4, Restricted Stock Units, Executive Compensation, Stock Sale, CFO