Equity grants to Plexus Corp. (PLXS) CEO Todd P. Kelsey detailed

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Kelsey Todd P. reported acquisition or exercise transactions in this Form 4 filing.

Plexus Corp. President & CEO Todd P. Kelsey received equity awards of 16,320 restricted stock units and 22,950 performance stock units on February 9, 2026. These awards give a contingent right to receive an equal number of Plexus common shares.

The restricted stock units vest on February 9, 2029. The performance stock units depend on a three-year performance period, with 6,630 units tied to relative total shareholder return versus the S&P 400 Index and the remainder tied to economic return goals. Following these awards, he directly beneficially owned 78,598 common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Kelsey Todd P.

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	16,320	$0.00	--
Grant/Award	Performance Stock Units	22,950	$0.00	--
holding	Common Stock, $.01 par value	--	--	--

Holdings After Transaction: Restricted Stock Units — 16,320 shares (Direct); Performance Stock Units — 22,950 shares (Direct); Common Stock, $.01 par value — 78,598 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029. Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 6,630 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/11/2026 - 05:27 PM

FAQ

What equity awards did Plexus Corp. (PLXS) CEO Todd P. Kelsey receive on February 9, 2026?

Todd P. Kelsey received 16,320 restricted stock units and 22,950 performance stock units on February 9, 2026. Each unit represents a contingent right to receive one share of Plexus Corp. common stock, subject to time-based or performance-based vesting conditions.

When do Todd P. Kelsey’s Plexus (PLXS) restricted stock units vest?

The restricted stock units granted to Todd P. Kelsey vest on February 9, 2029. Once vested, each restricted stock unit converts into one share of Plexus Corp. common stock, provided he meets the conditions of the 2024 Omnibus Incentive Plan.

How are Plexus Corp. (PLXS) performance stock units for Todd P. Kelsey structured?

The 22,950 performance stock units represent a right to receive one share each if conditions are met. 6,630 units depend on relative total shareholder return versus the S&P 400 Index, and the rest depend on economic return goals over a three-year performance period.

What is the potential payout range for Plexus (PLXS) performance stock units granted to the CEO?

For the performance stock units, the CEO may earn up to 150% of the target amount tied to relative total shareholder return and up to 200% of the target amount tied to economic return, depending on achievement of specified performance goals.

How many Plexus Corp. (PLXS) common shares does Todd P. Kelsey beneficially own after these awards?

After the reported transactions, Todd P. Kelsey directly beneficially owned 78,598 shares of Plexus Corp. common stock. This figure reflects his direct holdings reported in the non-derivative securities table within the Form 4 filing.

Under which plan were the Plexus (PLXS) RSU and PSU grants to the CEO made?

Both the restricted stock units and performance stock units were granted under the Plexus Corp. 2024 Omnibus Incentive Plan. The filing notes that awards under this plan qualify for treatment under Rule 16b-3 of the Securities Exchange Act.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kelsey Todd P.

(Last)

(First)

(Middle)

ONE PLEXUS WAY

(Street)

NEENAH

54956

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
PLEXUS CORP [ PLXS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $.01 par value								78,598	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	02/09/2026		A		16,320		⁽¹⁾	⁽¹⁾	Common Stock, $.01 par value	16,320	⁽¹⁾	16,320	D
Performance Stock Units	⁽²⁾	02/09/2026		A		22,950		⁽²⁾	⁽²⁾	Common Stock, $.01 par value	22,950	⁽²⁾	22,950	D

Explanation of Responses:

1. Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vest on February 9, 2029.

2. Each Performance Stock Unit ("PSU") granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represents a contingent right to receive one share of Plexus Corp. common stock if certain conditions are satisfied. Vesting of 6,630 PSUs is dependent on the relative total shareholder return ("TSR") of Plexus Corp.'s common stock as compared to companies in the S&P 400 Index and vesting of the remainder is based on goals related to economic return ("ER") during the three-year performance period. The target number of PSUs that may be earned is reported above. The reporting person may earn up to 150% of the targeted amount that is based on TSR and up to 200% of the targeted amount that is based on ER.

Remarks:

	/s/ Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR