PLXS Form 4: Director Karen Rapp Sells 500 Shares via 10b5-1 Plan
Rhea-AI Filing Summary
Plexus Corp (PLXS) director Karen M. Rapp reported a sale of common stock under a pre-existing Rule 10b5-1 plan. The filing shows a disposition of 500 shares on 08/29/2025 at a reported price of $139 per share. The sale was made pursuant to a plan adopted on February 28, 2024. After the reported transaction Ms. Rapp is shown as beneficially owning 8,865 shares of Plexus common stock, held directly. The Form 4 was signed via attorney-in-fact on 09/02/2025 and was filed as a single reporting person filing.
Positive
- Sale executed under a Rule 10b5-1 plan, indicating a prearranged trading plan
- Transparent reporting with Form 4 disclosing transaction date, price, and post-transaction holdings
- Director retains meaningful equity with 8,865 shares remaining after the sale
Negative
- Insider disposition of shares (500 shares), which reduces insider ownership
- Price information disclosed ($139 per share), providing market-relevant detail about the sale
Insights
TL;DR: Routine director sale of 500 shares under a Rule 10b5-1 plan; remaining direct holding 8,865 shares.
The transaction is a non-derivative disposition of 500 Plexus shares at $139 each executed on 08/29/2025 and reported on Form 4. Because the sale was made pursuant to a Rule 10b5-1 plan adopted on 02/28/2024, it represents a prearranged sale framework rather than an ad hoc trading decision. The remaining direct beneficial ownership is reported as 8,865 shares. This disclosure provides transparent information on insider liquidity but does not include any new operational or financial data about the company.
TL;DR: Insiders used an established 10b5-1 plan to execute a modest sale; filing appears procedurally compliant.
The Form 4 indicates the director checked the box that the transaction was made pursuant to a 10b5-1 written plan and provided the plan adoption date. The signature via attorney-in-fact is dated 09/02/2025. The filing is a routine disclosure required by Section 16 and shows ongoing compliance with insider-trading reporting obligations. No indication of amendments or joint filers is present.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 500 | $139.00 | $70K |
Footnotes (1)
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FAQ
What did Karen M. Rapp report on Form 4 for PLXS?
Was the sale by the PLXS director preplanned?
Who signed the Form 4 and when was it filed?
Is this Form 4 a joint filing or by a single reporting person?