Form 4: Plexus Corp Executive Steven J. Frisch Sells Shares in Recent Transactions

Steven J. Frisch, Chief Strategy Officer of Plexus Corp, recently sold a portion of his holdings in multiple transactions executed on July 30 and 31, 2024.

Summary

• Steven J. Frisch, Chief Strategy Officer of Plexus Corp, has reported the sale of company stock.
• The transactions occurred on July 30 and 31, 2024.
• On July 30, 2024, Frisch sold 719 shares at a weighted average price of $124.95, 4,887 shares at $125.33, and 1,019 shares at $126.36.
• On July 31, 2024, Frisch sold 2,377 shares at a weighted average price of $127.32, 3,041 shares at $128.21, and 1,147 shares at $129.50.
• Following these transactions, Frisch directly owns 36,118 shares of Plexus Corp.
• The sales were executed in multiple trades at varying prices within specified ranges, and Frisch has committed to providing full details of these trades upon request.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives. It provides transparency to investors regarding the transactions of company insiders.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, potentially leading to concerns about the executive's confidence in the company's future performance.

Key Dates