Form 4: Plexus Executive Sells Shares After RSU Vesting

Plexus Corp. Regional President Michael J. Running sold common stock following the vesting of restricted stock units.

Summary

• Michael J. Running, Regional President AMER of Plexus Corp. (PLXS), reported transactions involving the company's common stock.
• On January 30, 2026, 1,820 Restricted Stock Units (RSUs) vested and were converted into common stock.
• Concurrently on January 30, 2026, 894 shares of common stock were disposed of at a price of $199.33 per share to cover tax withholding obligations related to the RSU vesting.
• On February 2, 2026, an additional 926 shares of common stock were sold at a price of $204.9201 per share.
• These transactions were made pursuant to a Rule 10b5-1(c) plan.
• Following these transactions, Mr. Running beneficially owns 1,295 shares of Plexus Corp. common stock, and 0 Restricted Stock Units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as Form 4 filings are factual reports of insider transactions and do not inherently convey positive or negative sentiment about the company's future prospects, especially when conducted under a 10b5-1 plan.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as those related to RSU vesting and subsequent sales for tax purposes or personal liquidity, are common across industries and typically do not signal significant shifts in company performance or strategy.

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal, as this is a routine insider transaction involving the vesting of restricted stock units and subsequent sales for tax obligations and personal liquidity, which is common for executives.

Key Dates

Keywords

Plexus Corp, PLXS, Form 4, Insider Transaction, Stock Sale, RSU Vesting, Executive Compensation, Rule 10b5-1