Form 4: Plexus COO Sells Shares, Gifts Stock

Plexus Corp's Executive VP & COO, Oliver K. Mihm, reported the sale of 2,102 shares and a gift of 200 shares of common stock.

Summary

• Oliver K. Mihm, Executive VP & COO of Plexus Corp (PLXS), reported changes in his beneficial ownership of company common stock.
• On August 15, 2025, 2,102 shares of common stock were sold directly at a price of $130.43 per share.
• This sale was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.
• On August 18, 2025, 200 shares of common stock were given as a bona fide gift.
• Following these transactions, Oliver K. Mihm beneficially owns 20,955 shares directly and 981 shares indirectly through the Plexus Corp. 401(k) Retirement Plan.

Sentiment

Score: 5

Explanation: The filing is a factual report of insider transactions. The sale under a 10b5-1 plan is a neutral event, indicating pre-planned financial management rather than a reaction to new company developments.

Positives

• The sale transaction was conducted under a Rule 10b5-1(c) plan, which suggests a pre-scheduled transaction for personal financial planning rather than a reaction to new, non-public information.

Negatives

• An executive's sale of shares, even under a 10b5-1 plan, can sometimes be perceived as a lack of confidence, though this is often not the case for pre-planned sales.

Future Outlook

This filing is a report of insider transactions and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing reports routine insider stock transactions and does not provide information relevant to broader industry trends or competitive dynamics.

Related Party Transactions

• A bona fide gift of 200 shares of common stock was made by the reporting person.

Stakeholder Impact

• Shareholders may note the executive's sale of shares, but the presence of a 10b5-1 plan typically mitigates concerns about the transaction's implications for company performance.

Key Dates

Recommendation

This Form 4 reports routine insider transactions, specifically a sale and a gift, by a key executive. The sale was conducted under a Rule 10b5-1 plan, indicating it was pre-scheduled and not based on new, non-public information. Such transactions are common for personal financial management and do not typically signal a change in the company's fundamental outlook or warrant a change in investment thesis based solely on this filing.

Keywords

Plexus Corp, PLXS, Form 4, Insider Trading, Stock Sale, Executive Compensation, Oliver K. Mihm, 10b5-1 plan