Form 4: Plexus Corp Executive VP Oliver K. Mihm Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Oliver K. Mihm, Executive VP & COO of Plexus Corp, reports a gift of 325 shares of common stock and updates to holdings in the 401(k) plan.
Summary
- On May 1, 2024, Oliver K. Mihm, Executive VP & COO of Plexus Corp, reported changes in beneficial ownership of Plexus Corp [PLXS] stock.
- Mihm gifted 325 shares of Plexus Corp common stock.
- Mihm's direct holdings include 25,276 shares of common stock.
- Mihm also holds 981 shares of Plexus Corp common stock indirectly through a 401(k) Retirement Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a gift of shares and updates to 401(k) holdings. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency into insider transactions and can be used by investors to gauge management's sentiment about the company's prospects.
Stakeholder Impact
- The gift of shares may have a minor positive impact on shareholder sentiment, reflecting confidence from the executive.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of transaction (gift of shares). |
| 05/03/2024 | Date of signature on the Form 4 filing. |
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