Form 4: Plexus Corp CEO Todd P. Kelsey Reports Stock Sale

CEO Todd P. Kelsey sold 1,000 shares of Plexus Corp stock at $103.50 on May 2, 2024, while also holding shares indirectly through a 401(k).

Summary

• On May 2, 2024, Todd P. Kelsey, CEO of Plexus Corp, sold 1,000 shares of the company's common stock at a price of $103.50 per share.
• Following the transaction, Kelsey directly owns 107,562 shares of Plexus Corp.
• Kelsey also indirectly owns 10,063 shares through the Plexus Corp 401(k) Retirement Plan.
• The sale was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook.

Industry Context

This is a routine disclosure of an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the impact.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.

Key Dates