[144] Plexus Corp SEC Filing

Rhea-AI Filing Summary

Plexus Corp (PLXS) Form 144 notice shows a proposed sale of 4,500 common shares through Robert W. Baird on 09/02/2025, with an aggregate market value of $628,290. The shares were acquired on 01/27/2023 upon vesting of restricted stock units and were paid as compensation. The filing reports 26,986,726 shares outstanding. It also discloses three prior sales by the same person of 1,500 shares each on 06/02/2025, 07/01/2025 and 08/01/2025 with gross proceeds of $194,805.45, $201,765 and $188,445, respectively.

Positive

• Clear compliance with Rule 144 disclosure requirements including broker, acquisition details, and sale dates
• Securities originated from compensation (RSU vesting), clarifying the source of shares rather than open-market purchase
• Prior sales disclosed for the past three months, enhancing transparency about insider liquidity

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider plans to sell vested RSUs totaling 4,500 shares; size is immaterial versus outstanding shares.

The filing documents a routine Form 144 sale of 4,500 shares that were acquired via RSU vesting on 01/27/2023 and are being routed through Robert W. Baird with an aggregate market value of $628,290. The filer previously sold three lots of 1,500 shares each over the past three months. Compared with the issuer's reported outstanding shares of 26,986,726, the proposed sale is a de minimis portion of equity and is consistent with monetizing compensation rather than a large-scale disposition.

Corporate Governance Expert

TL;DR: Disclosure aligns with Rule 144 requirements; provides clear provenance and recent transaction history.

The notice includes necessary provenance: acquisition date, nature of acquisition (vesting of RSUs), payment type (compensation), broker details, and recent sales history. This level of disclosure supports transparency around insider liquidity. There is no indication in the filing of undisclosed material information or reliance on a 10b5-1 plan; the signature/remarks section contains the standard attestation about material nonpublic information.

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	ROBERT W BAIRD & CO. 777 E WISCONSIN AVE MILWAUKEE WI 53202	4500	628290	26986726	09/02/2025	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	Vesting of Restricted Stock Units	Issuer			4500	01/27/2023	Compensation

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Todd P. Kelsey One Plexus Way Neenah WI 54956	Common	06/02/2025	1500	194805.45
Todd P. Kelsey One Plexus Way Neenah WI 54956	Common	07/01/2025	1500	201765
Todd P. Kelsey One Plexus Way Neenah WI 54956	Common	08/01/2025	1500	188445

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 the PLXS Form 144 disclose about the upcoming sale?

It discloses a proposed sale of 4,500 common shares through Robert W. Baird on 09/02/2025 with an aggregate market value of $628,290.

How were the shares being sold by the insider acquired?

The shares were acquired on 01/27/2023 through the vesting of restricted stock units (RSUs) and were paid as compensation.

How many PLXS shares are outstanding according to the filing?

The filing reports 26,986,726 shares outstanding.

What insider sales occurred in the past three months for PLXS?

Three sales of 1,500 shares each on 06/02/2025, 07/01/2025, and 08/01/2025 with gross proceeds of $194,805.45, $201,765, and $188,445 respectively.

Was a trading plan (Rule 10b5-1) disclosed in this Form 144?

The filing includes the standard attestation section but does not state a date of adoption for a Rule 10b5-1 plan in the provided content.