Form 4: Plexus Corp Executive VP & CFO Patrick Jermain Sells Shares

Executive VP & CFO of Plexus Corp, Patrick Jermain, reports selling shares of common stock in multiple transactions on November 6, 2024.

Summary

• Patrick Jermain, Executive VP & CFO of Plexus Corp, sold shares of the company's common stock on November 6, 2024.
• He sold 1,120 shares at a weighted average price of $165.8408 per share.
• He also sold 1,523 shares at a weighted average price of $166.6691 per share.
• Following these transactions, Jermain directly owns 21,959 shares and indirectly owns 3,587 shares through a 401(k) plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of stock sales by an executive. The sentiment is neutral as it doesn't inherently indicate positive or negative performance for the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and are publicly available to provide transparency into their trading activities. The sale of shares by an executive may be interpreted in various ways by the market, but without additional context, it's difficult to ascertain the specific reasons behind the transaction.

Stakeholder Impact

• Shareholders may react to the news of the CFO selling shares, although the impact is likely to be minimal given the relatively small number of shares sold.

Key Dates