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

Executive VP, CAO, Gen Coun & Secy Angelo Michael Ninivaggi Jr. reports a gift of Plexus Corp. common stock and holdings in a 401(k) plan.

Summary

• Angelo Michael Ninivaggi Jr., an Executive VP, CAO, Gen Coun & Secy at Plexus Corp, filed a Form 4 on March 01, 2024.
• The report details changes in beneficial ownership of Plexus Corp [PLXS] common stock.
• On February 29, 2024, Ninivaggi gifted 65 shares of Plexus Corp common stock.
• As of the last report from the Plan's trustee, Ninivaggi indirectly owns 2,829 shares of Plexus Corp common stock through a 401(k) Retirement Plan.
• Following the reported transaction, Ninivaggi directly owns 40,810 shares of Plexus Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.

Positives

• The reporting person's holdings in the company remain significant.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a personal transaction by an executive and doesn't necessarily reflect a broader trend within the company or industry.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares.

Key Dates