Form 4: Plexus Corp Director Acquires Restricted Stock Units
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
| Date | Description |
|---|---|
| 02/03/2025 | Date of transaction: Joann M. Eisenhart acquired 1,325 Restricted Stock Units. |
| 02/03/2026 | Vesting date for the 1,325 Restricted Stock Units. |
| 02/05/2025 | Date of Form 4 filing. |
Keywords
Plexus Corp, Director, Eisenhart, Restricted Stock Units, RSU, Beneficial Ownership, Form 4, PLXS, Incentive Plan
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