Plexus (PLXS) director Jueckstock receives 1,370 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp. director Rainer Jueckstock reported an equity award vesting. On February 3, 2026, 1,370 restricted stock units granted under the Plexus Corp. 2024 Omnibus Incentive Plan vested and were settled into an equal number of Plexus common shares.
Following this automatic conversion, Jueckstock directly owned 29,740 shares of Plexus common stock. The transaction was coded as "M," reflecting the exercise or conversion of a derivative security (restricted stock units) rather than an open‑market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,370 shares exercised/converted
Mixed
2 txns
Insider
Jueckstock Rainer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,370 | $0.00 | -- |
| Exercise | Common Stock, $.01 par value | 1,370 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, $.01 par value — 29,740 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Plexus Corp. (PLXS) report for Rainer Jueckstock?
Plexus Corp. reported that director Rainer Jueckstock had 1,370 restricted stock units vest and settle into common stock on February 3, 2026. These units were granted under the 2024 Omnibus Incentive Plan and converted on a one‑for‑one basis.
What does transaction code "M" mean in the Plexus (PLXS) Form 4?
Transaction code "M" on the Form 4 indicates the exercise or conversion of a derivative security. In this case, 1,370 restricted stock units converted into the same number of Plexus common shares when they vested and settled on February 3, 2026.
What are the terms of the restricted stock units reported for Plexus (PLXS)?
Each restricted stock unit granted under the Plexus Corp. 2024 Omnibus Incentive Plan represented a contingent right to receive one share of Plexus common stock. The filing states that these units vested and settled on February 3, 2026 into 1,370 shares.
Was there a purchase price for the Plexus (PLXS) restricted stock units conversion?
The Form 4 shows a transaction price per share of $0.0000 for both the restricted stock units and resulting common stock. This reflects that the 1,370 units vested and settled as part of an equity incentive grant, rather than a cash purchase on the open market.
What role does Rainer Jueckstock hold at Plexus Corp. (PLXS)?
The Form 4 identifies Rainer Jueckstock as a director of Plexus Corp. He is not listed as an officer or 10% owner in this filing. The reported transaction relates to director equity compensation in the form of restricted stock units granted under a company incentive plan.