Plexus Corp (PLXS) exec awarded restricted and performance stock units

Rhea-AI Filing Summary

Ninivaggi Angelo Michael Jr reported acquisition or exercise transactions in this Form 4 filing.

Plexus Corp executive Angelo Michael Ninivaggi Jr., Exec VP, CAO, General Counsel and Secretary, reported new equity awards. On February 9, 2026 he was granted 2,300 restricted stock units, each representing one Plexus common share and vesting on February 9, 2029.

He was also granted 3,240 performance stock units, each tied to one Plexus common share if performance goals are met. Vesting for 940 PSUs depends on relative total shareholder return versus the S&P 400 Index, and the rest on economic return goals over a three-year period. Following these awards, he directly holds 20,099 common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Ninivaggi Angelo Michael Jr

Role Exec VP, CAO, Gen Coun & Secy

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,300	$0.00	--
Grant/Award	Performance Stock Units	3,240	$0.00	--
holding	Common Stock, $.01 par value	--	--	--

Holdings After Transaction: Restricted Stock Units — 2,300 shares (Direct); Performance Stock Units — 3,240 shares (Direct); Common Stock, $.01 par value — 20,099 shares (Direct)

Footnotes (1)

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 940 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.

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Accepted by SEC EDGAR 02/11/2026 - 05:27 PM Learn about SEC filing dates

FAQ

What insider transaction did Plexus Corp (PLXS) report for Angelo Ninivaggi?

Plexus Corp reported that executive Angelo Michael Ninivaggi Jr. received grants of restricted stock units and performance stock units on February 9, 2026. These awards provide future rights to Plexus common shares, subject to time-based vesting and performance conditions tied to shareholder return and economic return.

How many restricted stock units did the Plexus (PLXS) executive receive?

Angelo Michael Ninivaggi Jr. received 2,300 restricted stock units under the Plexus Corp. 2024 Omnibus Incentive Plan. Each unit represents a contingent right to receive one share of Plexus common stock, with the entire grant scheduled to vest on February 9, 2029, assuming continued service conditions are satisfied.

What are the terms of the performance stock units granted by Plexus Corp (PLXS)?

The executive was granted 3,240 performance stock units, each linked to one Plexus common share if performance goals are achieved. Vesting of 940 PSUs depends on relative total shareholder return versus the S&P 400 Index, while the remaining units vest based on economic return goals over a three-year period.

Can the Plexus (PLXS) executive earn more than the target number of PSUs?

Yes. The filing states the target number of 3,240 performance stock units may adjust based on results. The executive may earn up to 150% of the targeted PSUs tied to total shareholder return and up to 200% of the targeted PSUs tied to economic return performance.

When do the Plexus Corp (PLXS) restricted stock units vest?

The restricted stock units granted to Angelo Michael Ninivaggi Jr. vest on February 9, 2029. Until that vesting date, each unit represents only a contingent right to receive one share of Plexus common stock, subject to the plan’s continued service requirements under the 2024 Omnibus Incentive Plan.

How many Plexus Corp (PLXS) common shares does the executive hold after these awards?

After the reported grants, Angelo Michael Ninivaggi Jr. beneficially owns 20,099 shares of Plexus Corp common stock directly. This figure reflects his common stock holdings following the February 9, 2026 transactions, separate from the additional rights represented by the new restricted and performance stock units.

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^*

Ninivaggi Angelo Michael Jr

(Last) (First) (Middle)

ONE PLEXUS WAY

(Street)

NEENAH WI 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Exec VP, CAO, Gen Coun & Secy

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, $.01 par value								20,099	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/09/2026		A		2,300		(1)	(1)	Common Stock, $.01 par value	2,300	(1)	2,300	D
Performance Stock Units	(2)	02/09/2026		A		3,240		(2)	(2)	Common Stock, $.01 par value	3,240	(2)	3,240	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 940 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/ Angelo M. Ninivaggi, 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).
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