Form 4: Plexus Corp Executive Steven J. Frisch Sells Shares in Multiple Transactions
SEC Form 4 Filing
Steven J. Frisch, President & Chief Strategy Officer of Plexus Corp, reported the sale of common stock in a series of transactions between May 6th and May 8th, 2024.
Summary
- Steven J. Frisch, President & Chief Strategy Officer of Plexus Corp, filed a Form 4 detailing changes in beneficial ownership.
- On May 6, 2024, Frisch sold 2,554 shares of common stock at a weighted average price of $106.1153 per share.
- On May 7, 2024, he sold 2,600 shares at a weighted average price of $106.5268 per share.
- On May 8, 2024, Frisch sold 700 shares at a weighted average price of $108.1943 per share.
- Following these transactions, Frisch directly owns 56,113 shares of Plexus Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret the sales based on their own analysis.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of these sales, such as the executive's overall holdings and any potential pre-arranged trading plans.
Stakeholder Impact
- Shareholders may react to the news of the executive's stock sales, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/06/2024 | Sale of 2,554 shares of common stock at a weighted average price of $106.1153. |
| 05/07/2024 | Sale of 2,600 shares of common stock at a weighted average price of $106.5268. |
| 05/08/2024 | Sale of 700 shares of common stock at a weighted average price of $108.1943; Form 4 filing date. |
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