Plexus (PLXS) CEO lines up next stock sale under preset plan
Rhea-AI Filing Summary
Plexus Corp. (PLXS) reports that President & CEO Todd P. Kelsey has filed a notice under Rule 144 to sell 4,500 shares of common stock through ROBERT W BAIRD & CO., with the shares coming from the vesting of Performance Stock Units on 02/11/2025 as compensation. Kelsey’s sales are being made pursuant to a trading plan adopted on November 20, 2025 and follow recent sales totaling several thousand shares between May and July 2026.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 4,500 shares
Planned sale date: 08/19/2026
Trading plan adoption date: November 20, 2025
+5 more
8 metrics
Shares to be sold
4,500 shares
Planned sale of Plexus Corp. common stock under Rule 144
Planned sale date
08/19/2026
Date associated with the 4,500-share planned sale on NASDAQ
Trading plan adoption date
November 20, 2025
Date the trading plan governing these sales was adopted
Sale 1
1,500 shares for $379,150.35
Common stock sale on 05/20/2026 by Todd P. Kelsey
Sale 2
1,000 shares for $274,750
Common stock sale on 05/27/2026 by Todd P. Kelsey
Sale 3
1,000 shares for $290,000
Common stock sale on 06/03/2026 by Todd P. Kelsey
Sale 4
1,500 shares for $442,464.90
Common stock sale on 06/17/2026 by Todd P. Kelsey
Sale 5
1,500 shares for $391,325.13
Common stock sale on 07/15/2026 by Todd P. Kelsey
Key Terms
Rule 144, Performance Stock Units, trading plan, Attorney-in-Fact
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Vesting of Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
trading plan financial
"sales of securities covered hereby are being made pursuant to a trading plan"
A trading plan is a written set of rules an investor follows about what to buy or sell, when to enter and exit positions, and how much risk to accept—like a travel itinerary that maps the route, stops, and budget before a trip. It matters because it helps remove emotional decisions during market swings, enforces discipline, and makes performance easier to review and improve, reducing the chance of costly impulsive moves.
Attorney-in-Fact regulatory
"Signature | /s/ Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What does the Form 144 filing disclose for Plexus Corp. (PLXS)?
It discloses that President & CEO Todd P. Kelsey intends to sell 4,500 shares of Plexus Corp. common stock under Rule 144 through ROBERT W BAIRD & CO., with sales made under a pre-established trading plan adopted on November 20, 2025.
What prior Plexus (PLXS) stock sales has Todd P. Kelsey reported in the last three months?
Kelsey reported sales of 1,500 shares on 05/20/2026 for $379,150.35, 1,000 shares on 05/27/2026 for $274,750, 1,000 shares on 06/03/2026 for $290,000, 1,500 shares on 06/17/2026 for $442,464.90, and 1,500 shares on 07/15/2026 for $391,325.13.
Is Todd P. Kelsey’s Plexus (PLXS) stock sale under a trading plan?
Yes. The notice states that the sales of securities are being made pursuant to a trading plan adopted on November 20, 2025. This type of pre-arranged plan is often associated with Rule 10b5-1-style trading arrangements for insiders.
AI-generated analysis. How Rhea-AI works. Not financial advice.