Form 4: Plexus Corp Executive VP & CFO Patrick Jermain Reports Stock Sales
SEC Form 4
Patrick Jermain, Executive VP & CFO of Plexus Corp, reports selling shares of common stock on July 29, 2024.
Summary
- Patrick Jermain, the Executive VP & CFO of Plexus Corp, filed a Form 4 detailing changes in beneficial ownership.
- On July 29, 2024, Jermain sold 3,198 shares of Plexus Corp common stock at a weighted average price of $125.5734 per share.
- He also sold 1,338 shares at a weighted average price of $126.3041 per share on the same day.
- Following these transactions, Jermain directly owns 29,647 shares of Plexus Corp common stock.
- Additionally, he indirectly owns 3,588 shares through the Plexus Corp 401(k) Retirement Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative performance for the company.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the corporate world. It provides transparency to investors regarding insider trading activities.
Stakeholder Impact
- The stock sale by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of stock sale transactions. |
| 07/31/2024 | Date of Form 4 filing. |
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