Form 4: Plexus Corp Executive VP Sells Shares in Recent Transactions
SEC Form 4 Filing
Angelo Michael Ninivaggi Jr., Executive VP, CAO, General Counsel, and Secretary of Plexus Corp, recently sold shares of the company's common stock.
Summary
- On February 14, 2025, Angelo Michael Ninivaggi Jr., an Executive VP at Plexus Corp, sold 2,833 shares of common stock at a weighted average price of $138.7896.
- On the same day, Ninivaggi also sold 2,909 shares of common stock at a weighted average price of $139.696.
- Following these transactions, Ninivaggi directly owns 31,100 shares and 28,191 shares of Plexus Corp common stock respectively.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a change in beneficial ownership. It's neutral in sentiment as it simply reports transactions.
Industry Context
Executive share sales are a common occurrence in publicly traded companies and are often scrutinized by investors for insights into management's perspective on the company's future prospects. However, without additional context, it's difficult to determine the specific reasons behind these sales.
Stakeholder Impact
- Shareholders may be interested in the transactions as they provide insight into executive sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of the stock sale transactions. |
| 02/18/2025 | Date of the signature on the Form 4 filing. |
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