PLXS Insider Sale: Exec. VP & CFO Disposes 2,178 Shares
Rhea-AI Filing Summary
Plexus Corp (PLXS) officer reported an insider sale and existing plan holdings. The Form 4 shows an 08/06/2025 sale of 2,178 shares of Plexus common stock at $130.42 per share. After that disposition the reporting person is shown as directly owning 23,459 shares. The filing also discloses 3,719 shares held indirectly in the Plexus 401(k) Retirement Plan per the plan trustee.
The reporting person is identified as an officer serving as Executive Vice President & Chief Financial Officer. No derivative securities or option transactions are reported. The Form 4 is signed by the reporting person via an attorney-in-fact.
Positive
- Clear disclosure of the sale transaction including share amount and price
- Breakout of direct and indirect holdings, with 23,459 shares direct and 3,719 shares held in the 401(k)
- No derivative transactions reported, simplifying ownership picture
Negative
- Reported disposition of 2,178 shares at $130.42 reduced direct holdings
- Insider sale may be viewed as a reduction in officer stock exposure (factual disclosure only)
Insights
TL;DR: Officer sold a modest block of shares; disclosure confirms current direct and indirect holdings.
The sale of 2,178 shares at $130.42 is a specific, single non-derivative disposition that reduced the reporter's direct stake to 23,459 shares while 3,719 shares remain indirectly held in the company 401(k) plan. The transaction is routine in form and size relative to a single reporting line and does not include derivative activity. For investors, the filing provides transparent, itemized ownership data but contains no other material operational or financial information.
TL;DR: Timely Section 16 disclosure of an executive sale; ownership detail aids governance oversight.
The Form 4 documents an officer-level sale and delineates direct versus indirect holdings, including plan-reported shares. This level of disclosure supports external monitoring of insider trading and ownership concentration. No indication of stock-based exercise or derivative transactions is present, and the explanation clarifies the 401(k) position as plan-reported rather than beneficially managed separately.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $.01 par value | 2,178 | $130.42 | $284K |
| holding | Common Stock, $.01 par value | -- | -- | -- |
Footnotes (1)
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FAQ
What transaction did the Plexus (PLXS) Form 4 report?
Who is the reporting person on this Form 4 for PLXS?
What is the reporter's role at Plexus?
Are there any derivative securities reported on this Form 4 for PLXS?
Does the filing explain the indirect holdings?