Form 4: Plexus Corp Director Karen Marie Rapp Reports Stock Sale

Director Karen Marie Rapp sold 500 shares of Plexus Corp common stock at $131.21 per share on February 28, 2025, according to a Form 4 filing.

Summary

• Karen Marie Rapp, a director of Plexus Corp, reported a transaction involving the company's common stock.
• On February 28, 2025, Rapp sold 500 shares of common stock at a price of $131.21 per share.
• Following the transaction, Rapp directly owns 9,865 shares of Plexus Corp.
• The sale was executed under a Rule 10b5-1 plan adopted on February 28, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, as it's simply a report of a transaction.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on immediate market conditions.

Stakeholder Impact

• The stock sale by a director could have a minor psychological impact on shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading based on non-public information.

Key Dates