PLXS.NASDAQPlexus CORP

Form 4: Plexus Corp Executive Angelo Ninivaggi Jr. Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Plexus Corp's Executive Vice President, Angelo Ninivaggi Jr., reported the acquisition and disposal of company stock and performance stock units.

Summary

  • Angelo Ninivaggi Jr., an executive at Plexus Corp, filed a Form 4 detailing changes in his beneficial ownership of company securities.
  • On November 13, 2024, Mr. Ninivaggi acquired 3,057 shares of common stock through the vesting of performance stock units.
  • He also disposed of 1,437 shares of common stock at a price of $155.88 per share.
  • Additionally, 477 performance stock units were acquired, and 3,057 performance stock units were converted to common stock.
  • Following these transactions, Mr. Ninivaggi directly owns 32,962 shares of common stock and 2,200 performance stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
  • The transactions reported are typical for executives who receive stock-based compensation.

Stakeholder Impact

  • The transactions may have a minor impact on the overall shareholding structure of the company.

Key Dates

DateDescription
11/13/2024Date of the reported stock and performance stock unit transactions.
11/15/2024Date the Form 4 was signed.

Keywords

Plexus Corp, insider trading, Form 4, stock transaction, performance stock units, equity securities, Angelo Ninivaggi Jr.

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