Form 4: Plexus Director Acquires Shares from RSU Vesting

Plexus Corp. Director Randy J. Martinez acquired 1,370 shares of common stock following the vesting of Restricted Stock Units.

Summary

• Randy J. Martinez, a Director of Plexus Corp. (PLXS), acquired 1,370 shares of common stock.
• The acquisition occurred on February 3, 2026, as a result of the vesting and settlement of Restricted Stock Units (RSUs).
• Each RSU represented a contingent right to receive one share of Plexus Corp. common stock under the 2024 Omnibus Incentive Plan.
• Following this transaction, Mr. Martinez directly beneficially owns 6,201 shares of Plexus Corp. common stock.
• The 1,370 Restricted Stock Units were disposed of (converted) as part of this transaction, resulting in zero derivative securities beneficially owned by Mr. Martinez.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine vesting of compensation rather than a discretionary open market purchase or sale by an insider.

Positives

• The acquisition of 1,370 shares of common stock increases the director's direct ownership stake in the company.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the vesting of Restricted Stock Units, are common occurrences in publicly traded companies and are part of standard executive compensation packages. These events typically do not reflect a change in strategic direction or immediate market sentiment, unlike open market purchases or sales.

Stakeholder Impact

• Shareholders: The director's increased direct ownership aligns their interests more closely with shareholders, though the impact from this routine vesting is minimal.

Key Dates

Keywords

Plexus Corp, PLXS, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Director Stock Acquisition, Beneficial Ownership