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PLXS insider sale notice: 2,500 shares, acquired 2019, sale ~08/27/2025

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Plexus Corp (PLXS) Form 144 - A holder has filed notice to sell 2,500 shares of Plexus common stock on or about 08/27/2025, with an aggregate market value of $344,275.00 based on the filing. The securities were acquired as performance shares on 02/12/2019. The filing states there are 26,986,726 shares outstanding and lists the proposed broker as Morgan Stanley Smith Barney LLC on NASDAQ. The notice also reports that Patrick Jermain sold 2,178 shares on 08/06/2025 for gross proceeds of $284,054.76. The filer certifies they are not aware of undisclosed material adverse information.

Positive

  • Discloses planned sale of 2,500 shares with aggregate market value of $344,275.00
  • Identifies acquisition as performance shares dated 02/12/2019, providing clear provenance
  • Includes recent sale history (2,178 shares on 08/06/2025) improving transparency

Negative

  • Insider sold 2,178 shares within the past month, which may be perceived negatively by some investors

Insights

Routine insider sale notice; modest size relative to outstanding shares, likely neutral to valuation.

The Form 144 documents a proposed sale of 2,500 Plexus shares valued at $344,275 and prior sales of 2,178 shares for $284,054.76. As these shares were issued as performance-based compensation in 2019, the transaction appears tied to executive compensation realization rather than a financing event. Relative to the 26,986,726 shares outstanding, the proposed sale is immaterial in dilution terms. The filing provides standard representations about lack of undisclosed material information, supporting disclosure compliance.

Filing meets Rule 144 disclosure requirements; no compliance exceptions noted from the form itself.

The notice identifies the broker, the acquisition date and nature (performance shares), and prior recent sales by the same person, which are the key compliance elements for Rule 144 aggregation and reporting. The signature representation about absence of undisclosed material adverse information aligns with expected attestations. No statements in this filing indicate regulatory or disclosure risk beyond routine insider selling activity.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Plexus (PLXS) Form 144 disclose about the proposed sale?

The form notifies a proposed sale of 2,500 common shares on or about 08/27/2025 with an aggregate market value of $344,275.00.

Who is listed as having sold Plexus (PLXS) shares recently?

Patrick Jermain is listed as having sold 2,178 shares on 08/06/2025 for gross proceeds of $284,054.76.

When were the shares to be sold originally acquired?

The 2,500 shares were acquired as performance shares on 02/12/2019.

What broker is named for the proposed sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY.

How many Plexus shares are outstanding according to the filing?

The filing reports 26,986,726 shares outstanding.
Plexus Corp

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