Form 4: Plexus Corp CEO Todd P. Kelsey Sells Shares
SEC Form 4
Plexus Corp CEO Todd P. Kelsey reports selling shares of the company's common stock in two transactions.
Summary
- Todd P. Kelsey, CEO of Plexus Corp, reported changes in beneficial ownership of the company's stock.
- On May 10, 2024, Kelsey sold 2,000 shares of common stock at a price of $108 per share.
- On May 14, 2024, Kelsey sold 1,224 shares of common stock at a price of $107.95 per share.
- Following these transactions, Kelsey directly owns 104,338 shares of Plexus Corp common stock.
- Kelsey also indirectly owns 10,063 shares through a 401(k) retirement plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The stock sales by the CEO could have a minor negative impact on shareholder sentiment, although such transactions are common and often do not indicate a change in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Todd P. Kelsey sold 2,000 shares of Plexus Corp stock at $108 per share. |
| 05/14/2024 | Todd P. Kelsey sold 1,224 shares of Plexus Corp stock at $107.95 per share. |
| 05/14/2024 | Date of signature for the Form 4 filing. |
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