Form 4: Plexus Corp Director J. Joel Quadracci Sells Shares

Director J. Joel Quadracci of Plexus Corp sold 2,450 shares of common stock at an average price of $163.0772 per share on November 11, 2024.

Summary

• J. Joel Quadracci, a director at Plexus Corp, sold 2,450 shares of the company's common stock on November 11, 2024.
• The sale was executed at a weighted average price of $163.0772 per share, with individual trades ranging from $162.98 to $163.3775.
• Following the transaction, Quadracci directly owns 4,129 shares of Plexus Corp stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale by a director, which is a routine event. There is no indication of positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings can be observed for directors and officers of other publicly traded companies such as Jabil, Flex, and Celestica.

Stakeholder Impact

• The sale of shares by a director may have a minor impact on shareholder sentiment, but it is a common occurrence.
• The transaction does not directly impact employees, customers, suppliers, or creditors.

Key Dates

Keywords

Plexus Corp, insider trading, stock sale, J. Joel Quadracci, director, PLXS