Plexus Corp (PLXS) regional president granted RSU and PSU awards

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Running Michael J. reported acquisition or exercise transactions in this Form 4 filing.

Plexus Corp regional president Michael J. Running reported equity awards tied to the company’s stock. On February 9, 2026, he received 1,100 Restricted Stock Units that each represent one share of common stock and vest on February 9, 2029.

He was also granted 1,550 Performance Stock Units, each tied to one share, with vesting based on a three-year performance period. Part of the award depends on relative total shareholder return versus the S&P 400 Index, and the rest on economic return goals. Following these awards, he directly held 1,295 common shares.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Running Michael J.

Role Regional President - AMER

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,100	$0.00	--
Grant/Award	Performance Stock Units	1,550	$0.00	--
holding	Common Stock, $.01 par value	--	--	--

Holdings After Transaction: Restricted Stock Units — 1,100 shares (Direct); Performance Stock Units — 1,550 shares (Direct); Common Stock, $.01 par value — 1,295 shares (Direct)

Footnotes (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 450 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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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/11/2026 - 05:27 PM

FAQ

What insider transaction did Plexus Corp (PLXS) report for Michael J. Running on February 9, 2026?

Michael J. Running received equity awards, not an open-market trade. He was granted 1,100 Restricted Stock Units and 1,550 Performance Stock Units, each representing a contingent right to one Plexus Corp common share under the 2024 Omnibus Incentive Plan.

How do the Restricted Stock Units granted to Michael J. Running at Plexus Corp (PLXS) vest?

The 1,100 Restricted Stock Units vest on February 9, 2029. Each unit represents a contingent right to receive one share of Plexus Corp common stock, granted under the company’s 2024 Omnibus Incentive Plan that qualifies under Rule 16b-3.

What performance conditions apply to the Performance Stock Units granted to Michael J. Running at PLXS?

The 1,550 Performance Stock Units vest based on a three-year performance period. Vesting of 450 PSUs depends on relative total shareholder return versus S&P 400 companies, while the remaining PSUs depend on economic return goals set by Plexus Corp.

How many Plexus Corp (PLXS) Performance Stock Units can Michael J. Running ultimately earn?

The filing reports the target of 1,550 Performance Stock Units. It states he may earn up to 150% of the target portion based on total shareholder return and up to 200% of the target portion tied to economic return performance metrics.

How many Plexus Corp (PLXS) common shares does Michael J. Running hold after the reported Form 4 transactions?

After the reported equity awards, Michael J. Running directly beneficially owned 1,295 shares of Plexus Corp common stock. This figure reflects his direct ownership following the February 9, 2026 transactions reported in the insider filing.

Under which plan were Michael J. Running’s RSU and PSU awards at Plexus Corp (PLXS) granted?

Both the Restricted Stock Units and Performance Stock Units were granted under the Plexus Corp 2024 Omnibus Incentive Plan. The filing notes that awards under this plan qualify under Rule 16b-3 and each unit represents a contingent right to one common share.

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^*

Running Michael J.

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Regional President - AMER

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)
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								1,295	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⁾	02/09/2026		A		1,100		⁽¹⁾	⁽¹⁾	Common Stock, $.01 par value	1,100	⁽¹⁾	1,100	D
Performance Stock Units	⁽²⁾	02/09/2026		A		1,550		⁽²⁾	⁽²⁾	Common Stock, $.01 par value	1,550	⁽²⁾	1,550	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 450 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/ Michael J. Running, 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).
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