PLXS Rule 144 Notice: 3,000 Shares Planned Sale on NASDAQ

Rhea-AI Filing Summary

Plexus Corp (PLXS) Form 144 notice: A proposed sale of 3,000 shares of common stock is reported through Morgan Stanley Smith Barney LLC, with an aggregate market value of $417,000 and approximately 26,986,726 shares outstanding. The approximate date of sale is 08/28/2025 on NASDAQ. The securities were acquired from the issuer as restricted stock and performance shares on 01/27/2023 (1,480 shares), 01/25/2024 (155 shares), and 02/13/2024 (1,365 shares). No securities of the issuer were reported sold by the person in the past three months, and the filer certifies they are not aware of undisclosed material adverse information.

Positive

• Compliance with Rule 144 disclosure by filing a notice for the proposed sale
• Brokered sale through a major brokerage (Morgan Stanley Smith Barney LLC) indicating standard execution

Negative

• Insider selling is planned (3,000 shares, aggregate value $417,000), which some investors monitor
• No information in this filing about the identity of the selling person (name/CIK not provided in the text)

Insights

Securities Analyst

TL;DR: Routine insider sale notice for a modest block of shares, unlikely to be material relative to total outstanding stock.

The filing reports a proposed sale of 3,000 common shares valued at $417,000 against 26,986,726 shares outstanding, which represents a very small fraction of the outstanding share base. The shares were originally granted as restricted stock and performance shares across three dates in 2023 and 2024, and no sales in the prior three months are reported. Because this is a Rule 144 notice of a proposed sale through a broker, it documents an intended transaction rather than a completed, market-moving disposition. The filing includes the seller's attestation that no undisclosed material adverse information exists.

Corporate Governance Expert

TL;DR: Standard compliance disclosure reflecting planned sale of vested/vestable equity; procedural rather than governance-changing.

The details show the securities originated from issuer grants (restricted stock and performance shares) with payment noted as not applicable, consistent with compensation-origin equity. The use of Morgan Stanley Smith Barney LLC as the executing broker and the Rule 144 notice format indicate adherence to resale reporting requirements. There are no indications in this filing of unusual governance actions, related-party transactions, or clustered insider selling that would raise immediate governance concerns.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	3000	417000.00	26986726	08/28/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/27/2023	Restricted Stock	Issuer			1480	01/27/2023	Not Applicable
Common	01/25/2024	Restricted Stock	Issuer			155	01/25/2024	Not Applicable
Common	02/13/2024	Performance Shares	Issuer			1365	02/13/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does Plexus Corp's (PLXS) Form 144 report?

The Form 144 reports a proposed sale of 3,000 common shares valued at $417,000, with an approximate sale date of 08/28/2025 on NASDAQ.

How were the shares being sold originally acquired?

The shares were acquired from the issuer as restricted stock and performance shares on 01/27/2023, 01/25/2024, and 02/13/2024.

Does the filing show recent sales by the same person?

The filing states "Nothing to Report" for securities sold during the past three months by the person for whose account the securities are to be sold.

Who is the broker handling the proposed sale?

The broker named is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York, NY.

What attestation is included in the Form 144?

The person filing represents by signature that they do not know any material adverse information about the issuer that has not been publicly disclosed.