Form 4: Plexus Corp Director J. Joel Quadracci Reports Acquisition of Restricted Stock Units

Director J. Joel Quadracci reports acquisition of 1,325 restricted stock units in Plexus Corp, vesting on February 3, 2026.

Summary

• J. Joel Quadracci, a director of Plexus Corp, filed a Form 4 on February 5, 2025.
• The report details the acquisition of 1,325 Restricted Stock Units (RSUs) on February 3, 2025.
• Each RSU represents a contingent right to receive one share of Plexus Corp common stock.
• These RSUs were granted under the Plexus Corp. 2024 Omnibus Incentive Plan and vest on February 3, 2026.
• Following the reported transaction, Quadracci directly owns 6,108 shares of Plexus Corp common stock.
• Quadracci also directly owns 1,325 derivative securities in the form of restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock unit acquisition, indicating alignment of interests but not necessarily a strong positive or negative signal.

Positives

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

Future Outlook

The vesting of the RSUs on February 3, 2026, suggests a continued alignment of the director's interests with the long-term performance of Plexus Corp.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates activity within the company's equity compensation plans, which are common in the industry.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns management's interests with the company's long-term success.

Key Dates

Keywords

Form 4, Plexus Corp, Restricted Stock Units, Director, Beneficial Ownership, Quadracci