PLXS.NASDAQPlexus CORP

Form 4: Plexus Corp Executive Reports Stock Transactions Following PSU Vesting

Sentiment:

SEC Form 4 Filing


Michael J. Running, a Regional President at Plexus Corp, reports the vesting of Performance Stock Units (PSUs) and subsequent stock transactions.

Summary

  • On February 11, 2025, Michael J. Running, a Regional President at Plexus Corp, reported transactions involving common stock and Performance Stock Units (PSUs).
  • The transactions included the vesting of 1,140 PSUs and the disposition of 3,062 shares of common stock.
  • Additionally, 536 shares were disposed of at a price of $140.83.
  • Following these transactions, Running directly owns 2,526 shares of common stock and no derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation plans and performance-based incentives. These transactions are closely monitored by investors for insights into management's perspective on the company's future performance.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

DateDescription
02/11/2025Date of the reported transactions, including PSU vesting and stock disposals.
02/13/2025Date of signature for the Form 4 filing.

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