Form 4: Plexus Corp Executive VP Angelo Michael Ninivaggi Jr. Sells Shares

Angelo Michael Ninivaggi Jr., Executive VP, CAO, General Counsel, and Secretary of Plexus Corp, sold shares of common stock on October 29, 2024.

Summary

• On October 29, 2024, Angelo Michael Ninivaggi Jr., an Executive VP at Plexus Corp, sold 1,849 shares of common stock at a weighted average price of $143.8749 per share.
• He also sold 1,264 shares of common stock at a weighted average price of $144.6482 per share on the same day.
• Following these transactions, Ninivaggi directly owns 35,323 shares of Plexus Corp.
• The sales were executed in multiple trades at varying prices, and Ninivaggi has committed to providing full information regarding the number of shares and prices upon request.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine disclosure of insider trading activity. The sale itself doesn't necessarily indicate a negative outlook, but it doesn't provide positive signals either.

Industry Context

This is a standard Form 4 filing, indicating insider trading activity. It is common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, potentially leading to slight downward pressure on the stock price in the short term.

Key Dates