Form 4: Plexus Corp Executive Angelo Ninivaggi Jr. Reports Gift of Shares

Plexus Corp's Executive Vice President, Angelo Ninivaggi Jr., reported a gift of 38 shares of common stock.

Summary

• Angelo Ninivaggi Jr., an Executive Vice President at Plexus Corp, reported a transaction involving the company's common stock.
• The transaction, dated November 27, 2024, involved a gift of 38 shares of Plexus Corp common stock.
• Following this transaction, Mr. Ninivaggi directly owns 32,924 shares of Plexus Corp common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine insider transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the holdings of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The reporting of gifts of shares is a common occurrence and is not unusual for executives of publicly listed companies.
• The level of detail provided in this Form 4 is consistent with SEC requirements and industry standards.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small gift of shares to an executive.

Key Dates

Keywords

Plexus Corp, insider trading, Form 4, Angelo Ninivaggi Jr, stock gift, executive compensation, share ownership