Form 4: Plexus Executive Sells Shares Under 10b5-1 Plan

PLEXUS CORP Executive VP, CAO, General Counsel & Secretary, Angelo Michael Ninivaggi Jr., sold 1,347 shares of common stock on November 26, 2025, under a Rule 10b5-1 plan.

Summary

• Angelo Michael Ninivaggi Jr., an Executive VP, CAO, General Counsel & Secretary, and Director of PLEXUS CORP (PLXS), sold shares of the company's common stock.
• The transaction involved the sale of 1,347 shares of common stock.
• The shares were sold at a price of $144.931 per share.
• Following the sale, Mr. Ninivaggi beneficially owns 21,544 shares of PLEXUS CORP common stock.
• The transaction occurred on November 26, 2025, and was made pursuant to a Rule 10b5-1 plan.

Sentiment

Score: 6

Explanation: The sale of shares by an executive is generally viewed neutrally to slightly negative, but the disclosure that it was made pursuant to a Rule 10b5-1 plan mitigates concerns that the sale is based on new, non-public information, making it a more routine event and slightly positive for governance transparency.

Positives

• The transaction was made pursuant to a Rule 10b5-1 plan, indicating a pre-scheduled sale not based on new material non-public information, which is a positive for corporate governance and transparency.

Negatives

• An executive sold 1,347 shares of company common stock, which reduces their direct ownership stake.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Angelo Michael Ninivaggi Jr., an Executive VP, CAO, General Counsel & Secretary, and Director of PLEXUS CORP, sold 1,347 shares of common stock on November 26, 2025, at $144.931 per share. This is a related party transaction as it involves an insider of the company.

Stakeholder Impact

• Shareholders: The sale by a key executive, even under a 10b5-1 plan, could be interpreted by some shareholders as a slight reduction in management's direct alignment with shareholder interests, though the pre-planned nature mitigates significant concern.

Key Dates

Recommendation

The executive's sale of shares was conducted under a pre-arranged Rule 10b5-1 plan, which suggests the transaction is routine and not based on new material non-public information. This type of insider transaction typically does not provide a strong signal for a change in investment recommendation, thus a 'hold' stance is appropriate.

Keywords

PLEXUS CORP, PLXS, insider trading, Form 4, stock sale, executive, beneficial ownership, 10b5-1 plan