Form 4: Plexus Corp President & CEO Todd P. Kelsey Sells Shares

Todd P. Kelsey, President & CEO of Plexus Corp, sold 4,000 shares of common stock on both November 4th and November 6th, 2024.

Summary

• Todd P. Kelsey, the President & CEO of Plexus Corp, filed a Form 4 with the SEC.
• On November 4, 2024, Kelsey sold 4,000 shares of Plexus Corp common stock at a weighted average price of $148.4825 per share.
• These shares were sold in multiple trades with prices ranging from $148.12 to $149.00 per share.
• Following this transaction, Kelsey directly owned 81,026 shares of Plexus Corp common stock.
• On November 6, 2024, Kelsey sold another 4,000 shares of Plexus Corp common stock at a weighted average price of $164.8258 per share.
• These shares were sold in multiple trades with prices ranging from $164.6483 to $165.0700 per share.
• Following this transaction, Kelsey directly owned 77,026 shares of Plexus Corp common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but the market's reaction to insider sales can vary.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. However, large or frequent sales can sometimes be viewed negatively by investors.

Stakeholder Impact

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

Key Dates