Form 4: Plexus Corp. Chairman Sells Shares in Multiple Transactions

Dean A. Foate, Chairman of Plexus Corp., sold a total of 10,000 shares of common stock across multiple transactions on November 25th and 26th, 2024.

Summary

• Dean A. Foate, the Chairman of the Board at Plexus Corp., has reported the sale of company stock.
• The sales occurred on November 25th and 26th, 2024.
• A total of 10,000 shares were sold across multiple transactions.
• The sales were executed at weighted average prices ranging from $163.0392 to $164.1968 per share.
• Following these transactions, Mr. Foate directly owns 106,080 shares of Plexus Corp. common stock and indirectly owns 20,000 shares through a trust.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company insider. It doesn't indicate positive or negative sentiment, but rather a factual transaction.

Industry Context

This is a standard SEC Form 4 filing, which is common when corporate insiders trade company 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.
• The reported transactions are typical for corporate insiders and are not unusual.
• Similar filings are made by executives and directors of companies like Jabil, Flex, and Celestica when they trade their company's stock.

Stakeholder Impact

• The stock sales by the Chairman may have a minor impact on shareholder sentiment, but are unlikely to cause significant price fluctuations.
• The transactions are transparent and in compliance with SEC regulations.

Key Dates

Keywords

Plexus Corp, stock sale, insider trading, Dean A. Foate, Form 4, share transaction