Form 4: Plexus Corp Director Karen Marie Rapp Reports Stock Unit Vesting
SEC Form 4 Filing
Director Karen Marie Rapp reported the vesting and settlement of restricted stock units into Plexus Corp common stock on January 29, 2025.
Summary
- Karen Marie Rapp, a director of Plexus Corp, reported a transaction on January 29, 2025.
- The transaction involved the vesting and settlement of 1,979 restricted stock units (RSUs).
- Each RSU represented a contingent right to receive one share of Plexus Corp common stock.
- Following the transaction, Rapp directly owns 10,365 shares of Plexus Corp common stock.
- The RSUs vested and settled on January 29, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event, simply reporting a routine vesting of stock units.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted compensation.
Stakeholder Impact
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of transaction: vesting and settlement of restricted stock units. |
| 01/31/2025 | Date of report signature. |
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