Dean Foate of Plexus Corp. (PLXS) sells trust shares, RSUs vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp. Chairman of the Board Dean A. Foate reported insider equity transactions involving common stock and restricted stock units. On February 2, 2026, a trust for which he serves as trustee sold 5,000 Plexus common shares at an average price of $204.8935, leaving 15,000 shares held indirectly by the trust.
On February 3, 2026, 1,370 restricted stock units granted under the Plexus Corp. 2024 Omnibus Incentive Plan vested and settled into 1,370 shares of common stock at an exercise price of $0, increasing his directly held common stock to 109,429 shares and reducing his restricted stock unit balance to zero.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($1,024,468)
Net Sell
3 txns
Insider
FOATE DEAN A
Role
Director
Sold
5,000 shs ($1.02M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,370 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 1,370 | $0.00 | -- |
| Sale | Common Stock, $.01 par value | 5,000 | $204.8935 | $1.02M |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $.01 par value — 109,429 shares (Direct);
Common Stock, $.01 par value — 15,000 shares (Indirect, Trust)
Footnotes (1)
- Shares of Plexus Corp. common stock held in a trust for which the reporting person is a trustee. Each Restricted Stock Unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3, represented a contingent right to receive one share of Plexus Corp. common stock. The Restricted Stock Units vested and settled on February 3, 2026.
FAQ
What insider transactions did Dean A. Foate report for Plexus Corp (PLXS)?
Dean A. Foate reported a trust-related sale of 5,000 Plexus Corp. common shares and the vesting of 1,370 restricted stock units into common stock. These transactions adjusted his indirect trust holdings and increased his directly held Plexus common stock balance.
What happened to Dean A. Foate’s restricted stock units in Plexus Corp (PLXS)?
On February 3, 2026, 1,370 restricted stock units granted under the 2024 Omnibus Incentive Plan vested and settled into 1,370 Plexus common shares. Following this vesting, his restricted stock unit balance fell to zero while his directly held common shares increased.
What is the nature of the trust holdings reported for Plexus Corp (PLXS)?
The 5,000-share sale and remaining 15,000 Plexus Corp. shares are held in a trust for which Dean A. Foate serves as trustee. These shares are reported as indirectly owned, reflecting the trust’s ownership rather than direct personal shareholding.
Under which plan did the Plexus Corp (PLXS) restricted stock units vest for Dean A. Foate?
The 1,370 restricted stock units vested under the Plexus Corp. 2024 Omnibus Incentive Plan, which qualifies under Rule 16b-3. Each unit represented a contingent right to receive one share of Plexus common stock upon vesting and settlement.