4/A: Plexus Director RSU Grant Corrected

Plexus Corp. director Karen Marie Rapp's Form 4/A filing corrects the number of Restricted Stock Units granted to 1,370.

Summary

• An amendment to a previously filed Form 4 has been submitted.
• The amendment corrects the number of Restricted Stock Units (RSUs) granted to Director Karen Marie Rapp.
• The corrected grant is for 1,370 RSUs.
• These RSUs were granted under the Plexus Corp. 2024 Omnibus Incentive Plan.
• Each RSU represents a contingent right to receive one share of Plexus Corp. common stock.
• The RSUs are scheduled to vest on February 3, 2026.

Sentiment

Score: 5

Explanation: The filing is an administrative correction of a director's equity grant, indicating neither positive nor negative operational or financial performance.

Positives

• Correction of an administrative error ensures accurate disclosure of insider holdings.

Negatives

• An initial administrative error required an amendment to the original filing.

Future Outlook

The 1,370 Restricted Stock Units granted to Director Karen Marie Rapp are scheduled to vest on February 3, 2026.

Industry Context

This filing is an administrative correction of an insider equity grant, which is a routine aspect of corporate governance and executive compensation across industries. It does not provide insights into broader industry trends or competitive positioning.

Related Party Transactions

• Grant of 1,370 Restricted Stock Units to Director Karen Marie Rapp under the Plexus Corp. 2024 Omnibus Incentive Plan.

Stakeholder Impact

• Shareholders: Ensures accurate disclosure of director equity holdings, which is important for transparency and corporate governance. The grant represents a minor potential for future dilution upon vesting, which is standard for equity compensation.

Next Steps

• Vesting of 1,370 Restricted Stock Units on February 3, 2026.

Key Dates

Keywords

Plexus Corp, PLXS, Form 4/A, Restricted Stock Units, RSU, Insider Trading, Director Compensation, Equity Grant, SEC Filing