Form 4: Plexus Corp Executive Angelo Michael Ninivaggi Jr. Reports Stock Disposal
SEC Form 4 Filing
Angelo Michael Ninivaggi Jr., an executive at Plexus Corp, reported the disposal of 2,828 shares of common stock at a price of $124.3364 per share on August 22, 2024.
Summary
- On August 22, 2024, Angelo Michael Ninivaggi Jr., Exec VP, CAO, Gen Coun & Secy of Plexus Corp, disposed of 2,828 shares of Plexus Corp common stock.
- The transaction occurred at a price of $124.3364 per share.
- These shares were indirectly held in the Plexus Corp 401(k) Retirement Plan.
- Following the transaction, Ninivaggi directly owns 38,436 shares.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The disposal of shares by an executive could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of stock disposal transaction |
| 08/26/2024 | Date of signature for the report |
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