Plexus (PLXS) CEO sells shares after 31,290 RSUs vest

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Plexus Corp President & CEO Todd P. Kelsey reported equity award vesting and subsequent share sales. On January 30, 2026, 31,290 restricted stock units converted into the same number of common shares, with 14,724 shares withheld at $199.33 per share, typically to cover taxes.

On February 3, 2026, Kelsey sold several blocks of Plexus common stock, including 3,837 shares at a weighted average price of $204.5332 and 2,163 shares at $205.8826, plus smaller trades at higher prices. After these transactions, he directly owned 78,598 Plexus shares.

Insider Trade Summary

Net Seller: 8,120 shares ($1,669,880)

Net Sell 7 txns

Insider Kelsey Todd P.

Role President & CEO

Sold 8,120 shs ($1.67M)

Type	Security	Shares	Price	Value
Sale	Common Stock, $.01 par value	3,837	$204.5332	$785K
Sale	Common Stock, $.01 par value	2,163	$205.8826	$445K
Sale	Common Stock, $.01 par value	2,000	$207.35	$415K
Sale	Common Stock, $.01 par value	120	$208.85	$25K
Exercise	Restricted Stock Units	31,290	$0.00	--
Exercise	Common Stock, $.01 par value	31,290	$0.00	--
Tax Withholding	Common Stock, $.01 par value	14,724	$199.33	$2.93M

Holdings After Transaction: Common Stock, $.01 par value — 82,881 shares (Direct); Restricted Stock Units — 0 shares (Direct)

Footnotes (1)

Each Restricted Stock Unit granted under the Plexus Corp. 2016 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 January 30, 2026. This transaction was executed in multiple trades at prices ranging from $204.30 to $204.99 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $205.01 to $205.95 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/03/2026 - 05:40 PM

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)
01/30/2026

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	01/30/2026		M		31,290	A	⁽¹⁾	101,442	D
Common Stock, $.01 par value	01/30/2026		F		14,724	D	$199.33	86,718	D
Common Stock, $.01 par value	02/03/2026		S		3,837	D	$204.5332⁽²⁾	82,881	D
Common Stock, $.01 par value	02/03/2026		S		2,163	D	$205.8826⁽³⁾	80,718	D
Common Stock, $.01 par value	02/03/2026		S		2,000	D	$207.35	78,718	D
Common Stock, $.01 par value	02/03/2026		S		120	D	$208.85	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⁾	01/30/2026		M			31,290	⁽¹⁾	⁽¹⁾	Common Stock, $.01 par value	31,290	⁽¹⁾	0	D

Explanation of Responses:

1. Each Restricted Stock Unit granted under the Plexus Corp. 2016 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 January 30, 2026.

2. This transaction was executed in multiple trades at prices ranging from $204.30 to $204.99 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. This transaction was executed in multiple trades at prices ranging from $205.01 to $205.95 per share. The reported price reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

	/s/ Todd P. Kelsey, by Kate A. Gitter, Attorney-in-Fact	02/03/2026
	** 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

FAQ

What insider transactions did PLXS CEO Todd Kelsey report on this Form 4?

Todd Kelsey reported RSU vesting and share sales. 31,290 restricted stock units converted into common shares, with 14,724 shares withheld at $199.33 per share, followed by multiple open-market sales on February 3, 2026 at prices around $204–$209.

How many Plexus (PLXS) shares does CEO Todd Kelsey hold after these transactions?

After the reported transactions, Todd Kelsey directly holds 78,598 Plexus common shares. This figure reflects RSU conversion on January 30, 2026, tax-related share withholding, and several open-market sales executed on February 3, 2026 at prices slightly above $200 per share.

What RSU activity involving PLXS stock did this Form 4 disclose?

The filing shows 31,290 restricted stock units under the Plexus 2016 Omnibus Incentive Plan vested and settled into the same number of common shares on January 30, 2026. Each unit represented a contingent right to receive one share of Plexus common stock upon vesting and settlement.

At what prices did the PLXS CEO sell Plexus shares on February 3, 2026?

Kelsey’s February 3, 2026 sales occurred in multiple trades, including 3,837 shares at a weighted average of $204.5332 and 2,163 shares at $205.8826, plus additional trades at $207.35 and $208.85 per share, as disclosed in the transaction table and footnotes.

Why were some Plexus (PLXS) shares withheld at $199.33 on January 30, 2026?

The Form 4 shows 14,724 shares classified with transaction code “F” at $199.33 on January 30, 2026. Code “F” indicates shares were withheld to satisfy tax obligations arising from the vesting and settlement of 31,290 restricted stock units into Plexus common stock.