PLXS.NASDAQPlexus CORP

Form 4: Plexus Corp Director Acquires Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Director Joann M. Eisenhart reports acquisition of restricted stock units in Plexus Corp.

Summary

  • On February 3, 2025, Joann M. Eisenhart, a director of Plexus Corp, acquired 1,325 Restricted Stock Units (RSUs) under the company's 2024 Omnibus Incentive Plan.
  • Each RSU represents a contingent right to receive one share of Plexus Corp common stock.
  • These RSUs will vest on February 3, 2026.
  • Following this transaction, Eisenhart directly owns 20,335 shares of Plexus Corp common stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine disclosure of stock units granted to a director. It doesn't inherently indicate positive or negative performance.

Positives

  • The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of RSUs in the future suggests an expectation of continued service and contribution from the director.

Industry Context

This type of filing is standard for corporate insiders and reflects standard compensation practices using equity-based awards.

Stakeholder Impact

  • The granting of RSUs aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
02/03/2025Date of transaction: Joann M. Eisenhart acquired 1,325 Restricted Stock Units.
02/03/2026Vesting date for the 1,325 Restricted Stock Units.
02/05/2025Date of Form 4 filing.

Keywords

Plexus Corp, Director, Eisenhart, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, PLXS, Incentive Plan

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