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

Plexus Corp's President and CEO, Todd P. Kelsey, executed sales of common stock on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 1, 2025, Todd P. Kelsey, President & CEO of Plexus Corp, sold shares of common stock.
• The sales were executed under a Rule 10b5-1 plan adopted on August 16, 2024.
• A total of 345 shares were sold at a weighted average price of $120.61, with individual prices ranging from $120.60 to $120.64 per share.
• An additional 1,155 shares were sold at a weighted average price of $122.48, with individual prices ranging from $122.43 to $122.55 per share.
• Following these transactions, Kelsey directly owns 79,714 shares of Plexus Corp common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock sales under a pre-arranged plan, so it doesn't convey strong positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, and sales under a 10b5-1 plan are generally viewed as less impactful since they are pre-scheduled. Investors often monitor insider transactions for signals about a company's prospects, but pre-planned sales are less informative.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider information.

Key Dates

Keywords

Plexus Corp, Todd P. Kelsey, insider trading, Form 4, stock sale, Rule 10b5-1 plan, PLXS, executive compensation