Form 4: Plexus Corp Executive VP Sells Shares

Angelo Michael Ninivaggi Jr., Executive VP, CAO, General Counsel, and Secretary of Plexus Corp, sold 2,250 shares of common stock at a price of $102.66 on May 3, 2024.

Summary

• Angelo Michael Ninivaggi Jr., an Executive VP at Plexus Corp, reported a transaction involving the company's common stock.
• On May 3, 2024, Ninivaggi sold 2,250 shares of Plexus Corp common stock at a price of $102.66 per share.
• Following the transaction, Ninivaggi directly owns 38,560 shares of Plexus Corp common stock.
• Ninivaggi also indirectly owns 2,829 shares of Plexus Corp common stock through a 401(k) Retirement Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by an executive, which is a common occurrence. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily reflect a negative outlook on the company.

Key Dates