Form 4: Plexus Corp Executive VP & CFO Patrick Jermain Reports Sale of Shares
SEC Form 4 Filing
Executive VP & CFO of Plexus Corp, Patrick Jermain, reports the sale of 3,361 shares of common stock at a weighted average price of $144.566.
Summary
- Patrick Jermain, Executive VP & CFO of Plexus Corp, filed a Form 4 with the SEC.
- The form reports a transaction that occurred on January 27, 2025.
- Jermain sold 3,361 shares of Plexus Corp common stock.
- The sale price was $144.566 per share, with individual trades ranging from $144.16 to $144.96.
- Following the transaction, Jermain directly owns 20,745 shares and indirectly owns 3,599 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock sale by an executive. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for executives of publicly traded companies. It provides transparency to investors regarding the buying and selling of company stock by its leadership.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a problem with the company.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of the stock sale transaction. |
| 01/29/2025 | Date of the signature on the Form 4 filing. |
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