Form 4: Plexus Corp. Chairman of the Board, Dean A. Foate, Reports Stock Sale and Corrects Prior Filing

Dean A. Foate, Chairman of the Board at Plexus Corp., sold 2,500 shares of common stock and corrected a previous filing to include shares held in a trust.

Summary

• Dean A. Foate, the Chairman of the Board at Plexus Corp., reported a sale of 2,500 shares of common stock at a price of $167.1057 per share on November 8, 2024.
• The filing also disclosed that Mr. Foate beneficially owns 116,080 shares of Plexus Corp. common stock directly.
• Additionally, 20,000 shares are held indirectly in a trust for which Mr. Foate is a trustee.
• The trust's holdings were inadvertently omitted from Mr. Foate's prior filings, which this filing corrects.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral disclosure of a stock sale and a correction of a previous omission.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The reporting requirements are consistent across all companies listed on US stock exchanges.

Stakeholder Impact

• The stock sale by a key executive may have a minor impact on investor sentiment, but is unlikely to have a significant impact on the share price.

Key Dates

Keywords

Plexus Corp, Dean A. Foate, stock sale, beneficial ownership, Form 4, insider trading, trust, shareholding