Form 4: Plexus Corp CEO Todd P. Kelsey Sells 1,500 Shares Under 10b5-1 Plan

Plexus Corp's CEO, Todd P. Kelsey, executed a sale of 1,500 common stock shares at $132.92 per share on March 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 3, 2025, Todd P. Kelsey, the President and CEO of Plexus Corp, sold 1,500 shares of common stock.
• The sale was executed at a price of $132.92 per share.
• The transaction was conducted under a Rule 10b5-1 plan adopted on August 16, 2024.
• Following the transaction, Kelsey directly owns 82,714 shares of Plexus Corp.
• The filing was signed on March 4, 2025, by Kate A. Gitter, Attorney-in-Fact for Todd P. Kelsey.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine disclosure of an insider transaction. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the pre-planned nature of the transaction.

Key Dates