Form 4: Plexus Corp Executive VP Sells Shares
SEC Filing
Angelo Michael Ninivaggi Jr., Executive VP, CAO, General Counsel & Secretary of Plexus Corp, sold 3,981 shares of common stock on November 6, 2024.
Summary
- On November 6, 2024, Angelo Michael Ninivaggi Jr., an Executive VP at Plexus Corp, sold 3,981 shares of common stock.
- The sale was executed at a weighted average price of $165.291 per share, with individual transactions ranging from $165.20 to $165.7675.
- Following the transaction, Ninivaggi directly owns 31,342 shares of Plexus Corp.
- The transaction was reported on Form 4, filed with the SEC on November 8, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of the stock sale transaction. |
| 11/08/2024 | Date the Form 4 was signed. |
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