Form 4: Plexus Corp Director Randy J. Martinez Reports Stock Transaction
SEC Form 4
Director Randy J. Martinez reports the vesting and settlement of restricted stock units into Plexus Corp common stock on January 29, 2025.
Summary
- On January 29, 2025, Randy J. Martinez, a director of Plexus Corp, reported a transaction involving restricted stock units.
- The transaction involved the vesting and settlement of 1,979 restricted stock units, each representing a contingent right to receive one share of Plexus Corp common stock.
- These units vested and settled on January 29, 2025, resulting in the acquisition of 1,979 shares of common stock and the disposal of the corresponding restricted stock units.
- Following the reported transaction, Martinez beneficially owns 5,718 shares of Plexus Corp common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
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 transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| 01/29/2025 | Date of transaction: vesting and settlement of restricted stock units. |
| 01/31/2025 | Date of signature on the Form 4 filing. |
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