Form 4: Plexus Corp Executive Steven J. Frisch Sells Shares
SEC Form 4
Steven J. Frisch, President & Chief Strategy Officer of Plexus Corp, sold shares of common stock in multiple transactions on May 9th and 10th, 2024.
Summary
- On May 9, 2024, Steven J. Frisch sold 2,398 shares of Plexus Corp common stock at a weighted average price of $106.7192 per share.
- On the same day, he sold an additional 402 shares at a weighted average price of $107.3763 per share.
- On May 10, 2024, Frisch sold 4,005 shares at a weighted average price of $107.5538 per share.
- Following these transactions, Frisch directly owns 49,308 shares of Plexus Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting the sale of shares by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sale as slightly negative.
Industry Context
Form 4 filings are a routine part of the regulatory landscape, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may react to the news of an executive selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of first reported transaction: sale of 2,398 shares and 402 shares. |
| 05/10/2024 | Date of second reported transaction: sale of 4,005 shares. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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