Form 4: Plexus Director J Joel Quadracci Acquires RSUs

Plexus Corp. Director J Joel Quadracci reported the acquisition of 1,008 Restricted Stock Units and beneficial ownership of 7,478 shares of common stock.

Summary

• J Joel Quadracci, a Director of Plexus Corp. (PLXS), reported changes in beneficial ownership.
• Acquired 1,008 Restricted Stock Units (RSUs) on February 9, 2026.
• Each RSU represents a contingent right to receive one share of Plexus Corp. common stock, par value $.01.
• The RSUs were granted under the Plexus Corp. 2024 Omnibus Incentive Plan and qualify under Rule 16b-3.
• The acquired Restricted Stock Units are scheduled to vest on February 9, 2027.
• Following the reported transactions, J Joel Quadracci beneficially owns 7,478 shares of Common Stock directly.
• Additionally, 1,008 derivative securities (RSUs) are beneficially owned directly.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine compensation event that aligns management interests with shareholders, indicating a neutral to slightly positive sentiment due to the insider's acquisition of equity.

Positives

• The acquisition of 1,008 Restricted Stock Units by a Director aligns management's interests with those of shareholders, potentially signaling confidence in the company's future performance.
• The grant was made under the Plexus Corp. 2024 Omnibus Incentive Plan, a standard corporate governance mechanism for executive compensation.

Future Outlook

The Restricted Stock Units granted to Director J Joel Quadracci are scheduled to vest on February 9, 2027, indicating a future equity distribution event tied to continued service.

Industry Context

StockSavvy.ai notes that Form 4 filings primarily report individual insider transactions and do not typically provide broader industry context or trends. This filing reflects a routine compensation event for a director.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of Restricted Stock Units to a director aligns their interests with long-term shareholder value creation.

Next Steps

• Vesting of 1,008 Restricted Stock Units on February 9, 2027, at which point they will convert into shares of Plexus Corp. common stock.

Key Dates

Keywords

Plexus Corp, PLXS, Form 4, Insider Transaction, Restricted Stock Units, RSU, Beneficial Ownership, Director Compensation, Equity Incentive Plan