Form 4: Plexus Corp CEO Todd P. Kelsey Reports Stock Sales
SEC Form 4
Plexus Corp CEO Todd P. Kelsey reports the sale of common stock in two transactions.
Summary
- Todd P. Kelsey, CEO of Plexus Corp, reported the sale of company stock.
- On May 29, 2024, Kelsey sold 10,061 shares of common stock at a price of $110.4682 per share.
- On May 31, 2024, Kelsey sold 1,000 shares of common stock at a price of $109.5 per share.
- Following these transactions, Kelsey directly owns 102,338 shares of Plexus Corp.
- Kelsey also indirectly owns shares through the Plexus Corp 401(k) Retirement Plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock sales by the CEO. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a standard Form 4 filing, indicating insider trading activity. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sales could have a minor negative impact on shareholder sentiment, although such transactions are common and often don't significantly affect the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/29/2024 | Sale of 10,061 shares of common stock at $110.4682 per share. |
| 05/31/2024 | Sale of 1,000 shares of common stock at $109.5 per share. |
| 05/31/2024 | Date of signature for the report. |
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