Plexus Corp (PLXS) EMEA regional president granted new RSU and PSU awards
Rhea-AI Filing Summary
Zycinski Frank reported acquisition or exercise transactions in this Form 4 filing.
Plexus Corp. regional president for EMEA Frank Zycinski received new equity awards in the form of restricted and performance-based stock units. On February 9, 2026, he was granted 900 Restricted Stock Units and 1,270 Performance Stock Units under the Plexus Corp. 2024 Omnibus Incentive Plan.
Each unit represents a contingent right to one share of Plexus common stock. The RSUs vest on February 9, 2029. The PSUs depend on performance: 370 PSUs are tied to relative total shareholder return versus the S&P 400 Index, and the remainder depend on economic return over a three-year period, with potential payouts above target if goals are exceeded. Following these awards, he directly owns 1,399 common shares.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 900 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 1,270 | $0.00 | -- |
| holding | Common Stock, $.01 par value | -- | -- | -- |
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 370 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.
FAQ
What insider transaction did Plexus Corp (PLXS) report for Frank Zycinski?
How do the Restricted Stock Units granted to PLXS executive Frank Zycinski vest?
What performance conditions apply to the Performance Stock Units granted at Plexus Corp (PLXS)?
Can Frank Zycinski earn more than the target number of PSUs at Plexus Corp (PLXS)?
Under which plan were the RSUs and PSUs granted to Plexus Corp (PLXS) executive Frank Zycinski?