Form 4: Plexus Corp Exec VP & COO Oliver K. Mihm Reports Stock Sales

Oliver K. Mihm, Executive VP & COO of Plexus Corp, reports the sale of company stock in multiple transactions on November 6th and 7th, 2024.

Summary

• Oliver K. Mihm, the Executive VP & COO of Plexus Corp, filed a Form 4 detailing changes in beneficial ownership.
• On November 6, 2024, Mihm sold 5,691 shares of Plexus Corp common stock at a weighted average price of $167.0579 per share.
• These sales occurred in multiple trades with prices ranging from $167.0653 to $167.05 per share.
• On November 7, 2024, Mihm sold 4,324 shares of Plexus Corp common stock at a weighted average price of $165.6034 per share.
• These sales occurred in multiple trades with prices ranging from $165.598 to $165.612 per share.
• Following these transactions, Mihm directly owns 15,261 shares of Plexus Corp common stock.
• Mihm also indirectly owns 981 shares through the Plexus Corp 401(k) Retirement Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by an executive, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The stock sales by a company executive could be perceived negatively by some shareholders, although such transactions are common and don't necessarily indicate a negative outlook for the company.

Key Dates