Form 4: Plexus Corp Executive VP & CFO Patrick Jermain Reports Stock Transactions
SEC Form 4 Filing
Executive VP & CFO of Plexus Corp, Patrick Jermain, reports the vesting and settlement of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- Patrick Jermain, Executive VP & CFO of Plexus Corp, reported transactions involving Plexus Corp common stock on May 12, 2025.
- These transactions included the vesting and settlement of 6,250 restricted stock units, each representing a contingent right to receive one share of Plexus Corp common stock.
- Following the vesting, Jermain disposed of 2,938 shares at a price of $131.36 to cover tax obligations.
- After these transactions, Jermain directly owns 29,965 shares of Plexus Corp common stock and indirectly owns 3,697 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of earliest transaction: Vesting and settlement of restricted stock units, and sale of shares. |
| 05/14/2025 | Date of report filing. |
Keywords
Plexus Corp, Patrick Jermain, Executive VP, CFO, Stock Transactions, Restricted Stock Units, Form 4, Beneficial Ownership
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