[Form 4] PLEXUS CORP Insider Trading Activity
Plexus Corp executive Angelo Michael Ninivaggi Jr, EVP and Chief Legal & PAO & Secretary, reported equity compensation activity involving Performance Stock Units (PSUs) and common stock.
Rhea-AI Filing Summary
Plexus Corp executive Angelo Michael Ninivaggi Jr, EVP and Chief Legal & PAO & Secretary, reported equity compensation activity involving Performance Stock Units (PSUs) and common stock. On February 17, 2026, he received a grant of 975 PSUs at a stated price of $0.00 per unit.
On the same date, 3,275 PSUs were exercised or converted into 3,275 shares of Plexus common stock, reflecting previously granted awards. A footnote explains that, based on company performance over a three-year period, 142.4% of the TSR-linked portion of the fiscal 2023 PSU grant vested, versus a maximum opportunity of 150%.
Following the conversion, 1,540 common shares were disposed of through a tax-withholding transaction at $195.95 per share to cover exercise price or tax obligations. After these transactions, Ninivaggi directly owned 21,834 shares of Plexus common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 975 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 3,275 | $0.00 | $0.00 |
| Exercise | Common Stock, $.01 par value | 3,275 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $.01 par value | 1,540 | $195.95 | $302K |
Footnotes (1)
- F1. Based on Company performance during the three-year performance period, 142.4% of the portion of the Performance Stock Units ("PSUs") granted in fiscal 2023 related to the relative total shareholder return ("TSR") of the Company's common stock as compared to companies in the S&P 400 Index vested. As previously disclosed, the reporting person had the opportunity to earn up to 150% of the targeted amount of PSUs based on TSR originally reported.
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