Plexus (PLXS) director Karen Rapp settles 1,370 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Plexus Corp. director Karen Marie Rapp reported the vesting of equity awards and the corresponding issuance of common shares. 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 Plexus common stock at an exercise price of $0.00 per share. Following this conversion, she directly beneficially owned 9,035 shares of Plexus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,370 shares exercised/converted
Mixed
2 txns
Insider
Rapp Karen Marie
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 — 9,035 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Plexus Corp (PLXS) report for Karen Rapp?
Plexus Corp director Karen Marie Rapp reported the vesting of 1,370 Restricted Stock Units into 1,370 shares of common stock. The transaction, dated February 3, 2026, reflects equity compensation settling in stock rather than a market purchase or sale.
What happened to Karen Rapp’s Restricted Stock Units at Plexus (PLXS)?
1,370 Restricted Stock Units granted under the Plexus Corp. 2024 Omnibus Incentive Plan vested and settled on February 3, 2026. Each unit represented a contingent right to receive one share of Plexus common stock, and after settlement, zero Restricted Stock Units remained beneficially owned.
What does transaction code “M” mean in the Plexus (PLXS) Form 4?
Transaction code “M” on the Form 4 indicates an exercise or conversion of derivative securities. In this case, 1,370 Restricted Stock Units were converted into 1,370 shares of Plexus common stock as part of equity compensation vesting, at an exercise price of $0.00 per share.
Was the Plexus (PLXS) insider transaction a direct or indirect holding for Karen Rapp?
The Form 4 shows Karen Marie Rapp’s holdings as directly owned. After the vesting and settlement of 1,370 Restricted Stock Units into common stock, she directly beneficially owned 9,035 shares, with no indication of indirect ownership through another entity in the provided disclosure.
Under which plan were Karen Rapp’s Plexus (PLXS) Restricted Stock Units granted?
The Restricted Stock Units were granted under the Plexus Corp. 2024 Omnibus Incentive Plan. The footnote explains that each unit represented a contingent right to receive one share of Plexus common stock and that these units vested and settled on February 3, 2026.